Business news without the bullshit

If wishes were horses...

Terminal madness in the markets

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Mario Draghi and other flim flam

Mario Draghi, head of the European Central Bank, makes the vaguest of promises and markets which have no reason to move, spike up.

The consequences of the LIBOR fraud...

Massive money funds are obligated to and indeed are mounting lawsuits against the banks that manipulated Interest rates down. Total bank liability is calculated in the trillions of dollars.

Best place to hold wealth (for now at least)...

Cash and gold - and why.

Is there a Black Swan on the horizon?

More like a flock of Black Swans.