Tag Archives: channel islands

Stacy Summary:  The global currency and sovereign debt grid are once again in today’s headlines; and those headlines are ominous for the economic futures of US & UK.

• China sold US Treasuries heavily in January and February

• Are bond market vigilantes saddling up?

• China must make yuan convertible to extend influence

• Baugur properties transferred to its chairman’s personal account weeks before collapse of company

• Bouncers, ex-soldiers & former policemen being used for ‘crowd control’ against British school children

• Nanomaterials used in 100 common food products & packaging in US, including in Miller Light and Cadbury’s chocolate

• Crackdown on tax havens grants monopoly to UK’s Channel Islands

• Iceland’s business minister concedes country’s banking system similar to Enron

Updated:

• US taxpayer will deliver Goldman Sachs the second best quarterly profits in their history

• Did ex-Goldman CEO, Hank Paulson, payout $100 billion to Goldman on AIG bets?