China hike could help risk assets elsewhere

December 30, 2010

James Saft is a Reuters columnist. The opinions expressed are his own.

China’s Christmas day interest rate hike may prove to be bad for global growth but good, at least for a time, for risky assets.

UK banks and the curse of interesting times

December 21, 2010

James Saft is a Reuters columnist. The opinions expressed are his own.

HUNTSVILLE, Ala — It is going to be an interesting 2011 for British banks, which face funding hurdles and exposure to troubled sovereign debt and property markets.

EU must choose its lies wisely

December 16, 2010

You can lie to taxpayers or you can lie to creditors, European authorities are learning, but doing both at the same time is very hard.

End Washington-Wall St revolving door

December 16, 2010

The revolving door between government and Wall Street is wrong, antithetical to both democracy and capitalism and ought to be stopped.

Icelandic mulishness wins the day

December 9, 2010

Iceland’s remarkable return to growth shows once again that in this crisis the best policy is often the one that will make international partners most angry.

Private equity wins, U.S. creditors lose

December 7, 2010

James Saft is a Reuters columnist. The opinions expressed are his own.

The move to reform taxation of billions of dollars in so-called carried interest paid to hedge fund and private equity executives is dead and prominent among the mourners should be investors in U.S. debt.

Waiting for Europe’s QE to sail

December 2, 2010

The good news is that the European Central Bank will probably start a massive additional round of quantitative easing to fight the break-up of the euro zone.