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JPMorgan’s Senior Officers’ Addiction to Gambling on Derivatives – William Black

JPMorgan’s flacks and apologists have, unintentionally, exposed the fact that their cover story – hedging gone bad – is false.  JPMorgan runs the world’s largest gambling operation in financial derivatives.  The New York Times reported the … Continue reading

JPMorgan’s Senior Officers’ Addiction to Gambling on Derivatives

Today Germany is the Big Loser, Not Greece

Today Germany is the Big Loser, Not Greece

By Marshall Auerback Given the German electorate’s long standing aversion to “fiscal profligacy” and soft currency economics (said to lead inexorably to Weimar style hyperinflation), one wonders why on earth Germany actually acceded to a “big and broad” European Monetary … Continue reading

Today Germany is the Big Loser, Not Greece

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