Daily Archives: 8 December 2012

The Beginning of the End of Money Market Funds

Say goodbye to money market funds, and hello to more volatility, whether in money market funds, or their substitutes.  As with all of the financial crisis, it would have been better if the Fed and Treasury had not intervened.  Most money market funds would have survived.  The market panicked less than the regulators did. But […]

Sorted Weekly Tweets

Eurozone   Depression Deepens Greek Middle Class Despair With Crime http://t.co/PlMwTLpw They need to leave the euro & end early retirement $$ Dec 07, 2012 Global Shipping Industry’s Troubles R Threat for Biggest German Banks http://t.co/ZKojm5iZ During good times bankers forget cyclicality $$ Dec 06, 2012 All recent French Presidents are good examples of why […]