Money & Markets – Week of 9.16.12

Veteran Russia Bear Jim Rogers Takes Moscow Bank Job
FT | 19 September 2012
Veteran investor Jim Rogers, a well-known Russia bear, appears to have had a change of heart: He’s taken a job as an advisor to the agricultural fund run by Russian state-owned banking group VTB


Exclusive: Ghost Warehouse Stocks Haunt China’s Steel Sector

Reuters | 16 September 2012
Chinese banks and companies looking to seize steel pledged as collateral by firms that have defaulted on loans are making an uncomfortable discovery

Beijing Hints at Bond Attack on Japan
The Telegraph | 18 September 2012
A senior advisor to the Chinese government has called for an attack on the Japanese bond market

In Prosecutors, Debt Collectors Find a Partner
New York Times | 15 September 2012
The letters are sent by the thousands to people across the country who have written bad checks, threatening them with jail if they do not pay up.