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Too Big To Fail not only never ended, despite trillions in taxpayer emergency assistance, it actually got worse and became a permanent fixture of the national landscape in the wake of the crisis… From Bloomberg: Some banks have gotten bigger since the financial crisis. The Fed, U.S. Treasury Department and other regulators supported JPMorgan’s purchase…
Lana Del Rey is Back
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Siesta Market
They say never short a dull market.
Hot Links: Fat Tail Scenario
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Chart o' the Day: Hussman's Leading Indicators Say Recession is Now
Chart.
Angela Merkel: I Do Not Like Shared Bonds and Banks
Angela Merkel made her most forceful comments yet on the possibility of Germany providing some kind of shared eurobonds and an FDIC-like guarantee for bank deposits – she said “not in my lifetime.” That quote comes courtesy of Reuters, there is a string of comments coming from the same source as we speak. And, well,…
Game of Thrones Rom-Com
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Hot Links: Reach for the Stars!
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