May 3rd, 2012 By Joe Saluzzi and Sal Arnuk of Themis Trading LLC This Sunday marks the second anniversary of the May 6th Flash Crash of 2010. As we all trade in this extremely low-volume trading environment, it is fitting that we recap where we stand today. Listening to the conference call discussing NYSE Euronext’s [...]
May 3rd, 2012 In this interview and Q&A session broadcast on C-Span2′s Book TV‘s In Depth Chris Hedges provides a devastating analysis of what what’s gone wrong with America and, by extension, the world. It is long, but I can assure you it is rewarding viewing. Hedges, a former Pullitzer Prize-winning New York Times foreign correspondent [...]
By Ian Fraser Published: QFINANCE Date: April 27th, 2012 The debate over executive pay is turning ugly. In the UK, investor disquiet about the unwarranted rewards routinely doled out to bankers despite weak and unethically achieved performance is reaching boiling point. It could well explode at the Barclays AGM in London’s Royal Festival Hall which [...]
November 23rd, 2011 Updated November 24th: This handy interactive infographic shows how sovereign debt has exploded in European countries in recent years. According to the figures, the country with the highest debt-to-GDP ratio for each and every year from 1980 to 2010 was Belgium – and it was only overtaken by Greece in 2011. The [...]
November 4th, 2011 By John Fullerton Despite the media’s portrayal, Occupy Wall Street is all about taking back democracy Let’s be clear. The Occupy movement is not a product of frustration, as President Obama, Treasury Secretary Geithner, and now Eric Cantor have suggested. Frustration is passive; anger is active. Martin Luther King was not frustrated. [...]
By Ian Fraser Published: QFINANCE Date: October 20th, 2011 There may be a good few Maoists, Trotskyists, Anarcho-Syndicalists and even the odd deluded benefit scrounger among them, but it is simply wrong to characterize the Occupy Wall Street protestors who are camping out in 1,500 cities worldwide as wanting to overthrow capitalism, in the same way [...]
October 8th, 2011 Pullitzer prize-winning war correspondent and author Chris Hedges last week spoke to RT’s Washington correspondent Alyona Minkovski to give his views on the fast-growing Occupy Wall Street movement. Standing amongst protesters from the Occupy D.C. protest, Hedges explained the deep sense of frustration that is giving the movement impetus in the US [...]
October 8th, 2011 How well or badly has the mainstream media done with its Occupy Wall Street coverage? In my view they started out very poorly, with attempts to mock and belittle the protesters from the likes of blogger Nathalie Rothschild, then an Orwellian virtual black out, followed by shockingly slanted coverage from the likes of CNN [...]
October 3rd, 2011 So it was endemic fraud and the collapse of the rule of law—not global imbalances or government and regulatory failure—that destroyed the financial system. In a keynote speech given at the Post Keynes conference in Denmark earlier this year, the Keynesian economist James K. Galbraith of the L.B.J. School of Public Affairs at the University of Texas at [...]
September 22nd, 2011 The Occupy Wall Street protests, which kicked off last Saturday, have been derided as an irrelevance by the likes of Nathalie Rothschild in Spiked, and largely ignored by the mainstream media. I accept that the turnout has been much lower than predicted and that some of the protestors are whimsical youngsters who seem somewhat [...]