Musing on Derivatives

I read with interest in the Financial Times today about “Morgan Stanley’s plan to shift a large chunk of its $57 trillion derivatives portfolio into the part of the group…

Deutschland Über Alles

by Asher B. Edelman – I don’t think so! In the last one hundred years Germany has made two attempts to own, control and dominate Europe. Each has been repulsed….

Dexia (One Bank)

Dexia (described as in a state of “gripping liquidity strains”; otherwise “insolvent” might be the appropriate adjective), has a plan to sell to the French and Belgian taxpayers $238.9 billion…