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A former top Calpers official has been paid more than $900,000 by a European money manager after he helped the start-up firm secure money from the giant public pension fund, accordi…
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A New Role for the Exchange Stabilization Fund
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Mexico Public School Bans Junk Foods (USA Does Nothing)
By: David Gutierrez
he Mexican government is moving forward with plans to ban all junk foods from public school by the start of the coming school year, officials have announced.
“The kids are goin…
Greece – Crisis Turns Deadly Serious
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While premier George Papandreou offered pro forma assurances at Friday’s EU summit that Greece would not default on its €298bn (£268bn) debt, his words to reporters afte…
Money & Markets – Week of 1.8.12
The Truth About Private Equity: Politicians Need It, Taxpayers Fund It
The Daily Beast (13 Jan 12)
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The Dow Jones in Gold Dollars
My week was topped off by a message from Franklin Sanders of The Moneychangers, another great way maker. He points out that “From an August ’99 top at G$925.42 (44.77 troy ounces) the Dow (Jones…