Banks, Cyber
Thanks to David Hamon for his item contribution. BANKS LIBOR: REGULATORS GIVE THEMSELVES A PASS The Wall Street Journal reports on the $1.5 billion in fines levied on UBS by U.S. and European...
View ArticleChinese Economic Warfare
The acceleration in Chinese hacking into U.S. government agencies, major financial institutions, businesses and media outlets seems to match China’s growing investments in this country. Both began to...
View ArticleEconomic Confidence Eroded: Virtual Currency & HFT
The latest worry among those who are concerned about the digitalization of commerce and the erosion of market confidence seems to be the growing phenomenon of virtual or “alternative” currency. The...
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China's Currency Ambition
China’s Currency Ambition by Ganesh Sahathevan* “Yuan expected to be int’l currency around 2020″, read the headline of thePeople’s Daily On-Line, the Chinese Communist Party’s English publication....
View ArticleU.S. Financial Market Vulnerability Goes On
Al Qaeda’s attack on the New York’s World Trade Center was preceded by Osama bin Laden’s repeated calls to destroy the U.S. economy and its financial infrastructure by all means. While the U.S. seemed...
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