Financial Times (Photo credit: henry…)
This is an important article from the FT. Check it out!
Whilst I believe that the announcements are generally good news, in my view, what we are seeing is the central banks acting as a proxy for policy-makers, who seem reluctant to act decisively.
enjoy subprime lending (Photo credit: @MSG)
This is an excellent article from the print edition of the Economist. Check it out!
The LIBOR scandal: The rotten heart of finance | The Economist.
It looks like the LIBOR scandal has just shown us the tip of the iceburg, so far. In many ways, the global implications here may well prove to be as significant as the sub-prime crisis.
Dr Alf's Blog 