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It’s official: Britain is closed for business

Fred Goodwin should plainly never have been given a knighthood in the first place, but where were all the politicians who now sanctimoniously call for his head on a plate at the time when all the mischief was going on? Cheering him on from the sidelines, that’s where. The populism of this execution is so [...]

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The perils of Mario Draghi’s €1.5 trillion blitz

The raging debate over Mario Draghi’s credit rescue has refused to die down. A disturbingly large number of credit experts warn that the ECB life-line is not the “game-changer” that the markets seem to think, cannot in itself can save Euroland, and may prove counter-productive – perhaps soon. This is not what I suggested in [...]

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It’s official: Britain is closed for business

Fred Goodwin should plainly never have been given a knighthood in the first place, but where were all the politicians who now sanctimoniously call for his head on a plate at the time when all the mischief was going on? Cheering him on from the sidelines, that’s where. The populism of this execution is so [...]

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The perils of Mario Draghi’s €1.5 trillion blitz

The raging debate over Mario Draghi’s credit rescue has refused to die down. A disturbingly large number of credit experts warn that the ECB life-line is not the “game-changer” that the markets seem to think, cannot in itself can save Euroland, and may prove counter-productive – perhaps soon. This is not what I suggested in [...]

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Free Cash Margins Decline Again, and That’s Good

The folks at the Financial Analysis Lab at Georgia Tech are out with their latest analysis of corporate cash flow. The finding? For the sixth reporting period in a row, corporate cash flow dropped. While that sounds ominous, the drop actually signals a recovering U.S. economy, they say.

The analysis examined about 2,900 non-financial companies [...]

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It’s official: Britain is closed for business

Fred Goodwin should plainly never have been given a knighthood in the first place, but where were all the politicians who now sanctimoniously call for his head on a plate at the time when all the mischief was going on? Cheering him on from the sidelines, that’s where. The populism of this execution is so [...]

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