Roach Calls Euro Central Bank Loans ‘Chump Change’
Stephen Roach, non-executive chairman of Morgan Stanley Asia, talks about a European proposal to channel central bank loans through the...
Succinct Summation Of Week’s Events (12/02/2011)
Succinct summation of week’s events: Positives: 1) Fed lowers cost to other central banks of existing swap lines, attacking...
1952 Alfa Romeo C52 ‘Disco Volante’
Wicked strange concept car, looks like a toy car: ~~~ ~~~ ~~~ Courtesy of Classic Driver
American versus Europe Banks
˜˜˜ Source: Arbor Research The Economist – Contagion? What contagion? American banks have been strangely immune to Europe’s...
The Big Lie on CNBC Squawkbox
Apparently, the financial industry was not deregulated: Kudos to Becky Quick for at least trying to push back against this nonsense. And...
Books Bought By Big Picture Readers (November 2011)
Click to enlarge view: I always find it interesting to see which books TBP readers are buying. In addition to throwing off minor referral...
Central Banks and Bullets
Bullets are flying in markets and in policy shifts. Here are a few. 1.This morning (December 1) Barclays Capital commentary by Julian...
Interview with Steven Pinker
An interview with the Harvard psychologist and linguist on violence, language and Twitter.
November Employment Situation Dissected & Reviewed
A bit of delay in accessing the data. Here are the details: Nonfarm payroll employment rose by 120,000, near consensus. Unemployment rate...
I’ll lend to you and then you lend it back to me
For all the talk of the ECB lending money to the IMF in order to bulk up its resources is now gaining traction as BN reports that...