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Tag Archives: london retail

Big bank taxes, unhedged sovereign wealth and tumbling retail sales

Posted on September 14, 2009 by stacyherbert| 10 Comments

Stacy Summary:  Good morning.  What’s up in your neck of the global woods?

  • UK executive pay maintains double digit annual rate growth despite financial crisis
  • BIS recommends higher taxes for too big to fail banks
  • London retail sales tumble
  • Dubai’s wild unhedged speculative bets with its leveraged sovereign wealth makes emirates one of the more prominent Ponzis of global pyramid scheme
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Tagged bis, dubai, london retail, taxes big banks, uk executive pay

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