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Here's what we're following this morning (the Mr. Wizard vid can be found here):
(via Boing Boing)
Swiss hedge funds take heed: your days may be numbered if you hired the wrong rates/derivatives trader - Zero Hedge | You can take the traders out of the cesspits but you can't take the cesspits out of the traders. Just goes to show you that all your posts on LinkedIn may not be in your best interest. Do yourself a favor: log off LNKD and get back to work.
Are big banks criminal enterprises? - Washington's Blog | Money laundering. Bid-rigging. Pledging the same mortgage multiple times to multiple buyers. Insider trading. Mommas, don't let your sons grow up to be bankers.
Interested in suing the National Futures Association? Ann Barnhardt has some ideas for you. - Jesse's Cafe Americain | Remember robo-signing with the mortgage mess? Seems the "Linda Green" (or someone like her) doesn't just sign your loan documents.
More on the futures issue: a primer on commodity bankruptcy for PFG Best - Commodity Customer Coalition | Seems Mr. Wasendorf should not have entered into that hasty little marriage a few weeks ago.
The growing pressures are likely to blow the Eurozone apart - Chris Martenson | Check out the table about the EFSF guarantees. Italy and Spain, two of the countries who are going to need this money the most, have to backstop 17.9% and 11.9% of the fund, respectively. Nothing like paying yourself to help yourself get out of a debt jam.
US Post Office might miss retirees' payment - Wall Street Journal | "Without congressional action...." Where have we heard this before?
Wielding the corporate tax dodge code like a cudgel - Testosterone Pit | A bill has been sponsored that bestows tax credits on companies who simply CLAIM to do something. When do I get something in return for my CLAIM that I can leap tall buildings in a single bound?
Lost on Long Island - The Daily Ticker / HBO Films | Many middle-class Americans are still struggling from the fallout of the Great Recession. Just because the current unemployment rate is 8.2% doesn't mean squat.
Austerity is unavoidable after a bout of profligacy - VoxEU | Hey, even Caligula had to take a break every now and then. Fortunately for him and unfortunately for us, true fiat currency wasn't such an issue in 1st-century Rome.
The TSA is the worst thing ever created by mankind - The FloorGem Blog | No comment necessary, here.
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