Money & Markets – Week of 02.03.2013


The Newspaper Crash

Undernews | 06 February 2013
Print newspaper readership ranged from 16% of forty-somethings to only…


Yale Suing Former Students Shows Crisis in Loans to Poor

Bloomberg | 05 February 2013
Needy U.S. borrowers are defaulting on almost $1 billion in federal student loans…


Libor Accords Leave Banks Facing ‘Massive’ State Claims

Bloomberg Businessweek | 06 February 2013
A multistate probe of alleged manipulation of interest rates threatens…


Royal Bank of Scotland to Pay $612 Million to Resolve Libor Case

The Washington Post | 06 February 2013
Traders at the venerable Royal Bank of Scotland were so blatant about rigging benchmark…


Guest Post: All Is Well

Zero Hedge | 06 February 2013
I woke up this past Saturday morning and opened my local paper to find out that all was well.


Michael Sneed: Gov. Pat Quinn to Seek Minimum-Wage Hike to $10 an Hour

Chicago Sun Times | 06 February 2013
Sneed has learned that Gov. Pat Quinn plans to propose an increase in the state…


Interest Rates And The Government Bond Market Are One And The Same

Mine Set | 04 February 2013
This little email may be the singular most important market relationship…


Equities In Euphoria!

The Short Side of Long | 02 February 2013
Just some quick charts today. It has come to my attention that some of…


A Penniless Canada: Mint Begins Years-Long Process of Collecting and Melting Down 82-Million kg in Coins

The National Post | 04 February 2013
Canada’s iconic penny gets one step closer to extinction Monday…


The Growing Wealth Gap is Unsustainable

The Guardian | 02 February 2013
The ever-increasing many who are struggling cannot support a structure that favours a tiny number of the very rich…


Retirement Savings Accounts Draw U.S. Consumer Bureau Attention

Bloomberg | 18 January 2013
The U.S. Consumer Financial Protection Bureau is weighing whether it should…