Citi Bank: Oh the tangled web they weave!

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Fortune Magazine, the May 26th issue just out, has a story on Private Equity behemoths written by Alliston Sloan and Katie Benner entitled: “The Year of the
Vulture.”  The article is an interesting read about deals private equity leaders have made and recounts their winning and troubled deals highlighting a list of market

LIBOR rate a case of Price Fixing?

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LIBOR, the London Interbank Offering Rate, is broken and must be fixed. It seems that participating banks that set the LIBOR are reporting mysteriously divergent borrowing costs. UBS for example, which has reported $38 billion in write-offs related to the mortage crisis, has

Thanks to our Service Persons!

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You volunteer. You risk it all. You answer the call.  America owes a great debt to you. Thanks so much.
Editor,
SeriousBull

Fed Chief Studies Bubbles to decide Policy.

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Fed Chairman Bernanke recruited a team of economist to study how and why asset “Bubbles” occur with the objective of setting, and improving, future Federal Reserve Policy.  The conclusion of this Princeton group

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