The Transparency Myth…
“Order, order, order” is the cry coming out of the European Parliament meetings in recent days. The Europeans, in their infinite wisdom, have decided that by imposing a transparency standard on hedge fund managers, all will be right in the world. A panel of EU lawmakers earlier this week approved a proposal that would impose […]
When in doubt spend, spend, spend…
The European Central Bank took a play from the Federal Reserve early this morning in approving a massive bailout of the “weak” economies of Europe. The move intended to “defend the Euro at all costs” was a shot heard round the world as markets rallied on the news. READ HERE The problem is that the […]