News & Commentary

Kelly Cobiella reports that a CBS News team was threatened with arrest by Coast Guard officials in the Gulf of Mexico who said they were

Formal German Central Bank Head Pöhl: It [Greek Bailout] was about protecting German banks, but especially the French banks, from debt write offs. On the

By Egon von Greyerz, Matterhorn Asset Management Already back in 2007 we warned about the very high risk of the CDS (credit default swap) market.

By Alan Crawford and Shannon D. Harrington Germany prohibited naked short- selling and speculating on European government bonds with credit-default swaps in an effort to

By Ambrose Evans-Pritchard Europe may have to clean up its own mess after all. The US Senate has voted 94:0 to block use of taxpayers’

I have gotten several questions asking me to explain what is happening in Greece and what it means to us. Greece is being harvested. This

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