Monthly Archives: October 2012

ECB Executive Board STILL incomplete because Marsch is not a woman

The drama of the incomplete ECB Executive Board continues. The European Parliament strongly promotes a candidate with female features. A European Parliament committee opposed the appointment of Luxembourg’s Yves Mersch to the European Central Bank’s Executive Board because of unhappiness … Continue reading

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Draghi enters lion’s den to sell bond-buying plan

I found this article on Reuters Mobile (us.mobile.reuters.com) Draghi enters lion’s den to sell bond-buying plan BERLIN (Reuters) – European Central Bank President Mario Draghi faces a two-hour grilling on Wednesday from German lawmakers who fear his bond-buying plan to … Continue reading

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The ECB printing machine gets louder and louder…

“A legislative framework is to be agreed among member states by 1 January 2013. The European Central Bank (ECB) will be given supervisory responsibility, with the power to intervene in any bank within the eurozone.” http://www.bbc.co.uk/news/world-europe-19999998

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REPORT: Europe’s Big Plan To Fix The Banking System May Be Illegal

Long live central bank independence! “According to a report from the Financial Times, the big idea on the table right now to stem the eurozone banking crisis may be illegal.” Read more e.g. here http://m.yahoo.com/w/legobpengine/news/report-europes-big-plan-fix-171036774.html?orig_host_hdr=news.yahoo.com&.intl=US&.lang=en-US

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Nobel prize committee capitalizes the ECB

Although in these kind of moments we are all EU enthusiasts and those with negative comments are hushed away, I can’t stop feeling there is something wrong with this year’s Nobel Peace Prize. And I can’t stop comparing it to … Continue reading

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The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2012 Alvin E. Roth, Lloyd S. Shapley

http://www.nobelprize.org/nobel_prizes/economics/laureates/2012/ Congratulations!

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How to Run Your Hedge Fund From a Prison Cell- Bloomberg

“As if America’s hedge-fund elite didn’t have enough crises to worry about — riots in Spain, the fiscal cliff, Lindsay Lohan’s hotel brawl — the parade of underlings copping pleas to insider-trading crimes just keeps growing. Every week it seems … Continue reading

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