More Details on How MF Global Customers Got Thrown Under the Bus
Submitted by MFGFacts.com Last week we witnessed lawyers dueling in the bankruptcy court on the details of exactly what code of law supports customer priority in liquidation of the parts of MF Global...
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Bloomberg FOIA Documents How Wall Street Made A Muppet Of The SEC, Mary...
That the SEC is the most incompetent, corrupt, irrelevant and captured organization “serving” the US public is known by everyone. And while the details of the SEC’s glaring lack of capacity to do...
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Argentina Rebels Against America’s "Judicial Colonialism"
The ongoing debacle surrounding Argentina’s holdout over holdouts appears to be escalating (in rhetoric at least) once again. As Reuters notes, negotiations or voluntary payment by Fernandez’s...
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The US Bank That Made BNP’s Epic Money-Laundering Possible Is…
Today’s undisputed winner of the prestigous award for best use of the word “unwittingly” in the headline of an article about money-laundering goes to Bloomberg, for their brilliant… Because when you...
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Actavis Purchase Of Allergan Makes It A “$100 Billion Merger Monday”
This may not quite be the blow-off top in the merger bubble as companies rush to frontrun the ECB and buy whatever still isn’t nailed, but it is getting close. Because while earlier today Baker Hughes...
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Ahead Of Varoufakis’ Meeting With Famous Sovereign Bankruptcy Lawyer S&P...
To think it was just recently in September of last year when the S&P, seemingly unaware of the tragic reality facing Greece in just a few months (by reality we meen democratic elections which...
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Is May 9 The Grexit Date?
Submitted by Raul Ilargi Meijer via The Automatic Earth blog, Yes, more Greece, ever more Greece. Well, the focus is still very much there. It’s not the only topic, obviously, China warrants interest...
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Introducing The Gigantic And Dangerous Wall Street Loophole You’ve Never...
By Mike Krieger of Liberty Blitzkrieg Introducing the Gigantic and Dangerous Wall Street Loophole You’ve Never Heard of This spring, traders and analysts working deep in the global swaps markets began...
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The Stench Of Freddie Mac Is Back – An $18 Billion Spree Of Crony Capitalist...
Submitted by David Stockman via Contra Corner blog, Washington’s capacity to foster crony capitalist larceny and corruption never ceases to amaze. But according to Bloomberg, Wall Street’s shameless...
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It’s Official: Allergan, Pfizer To Combine In Biggest Ever Tax-Inversion,...
As was extensively reported over the weekend, the Pfizer-Allergan tax-inverting, reverse-merger (in which the far smaller Allergan would end up “buying” Pfizer, courtesy of fungible debt which doesn’t...
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