Worried, but not yet worried enough to act.
Spain is warning that Europe's single currency will unravel unless its leaders decide within weeks to centralise budget and tax policies in the eurozone and agree on a strategy to pool responsibility for failing banks.
Employees are being asked to use Japanese-style toilets, 'thereby toughening the legs and loins and hunkering down on a daily basis'.
by Cora Currier, ProPublica
Let's face it.
It's good to be top dog.
Craig Kugel, a former employee of Bernard L. Madoff Investment Securities LLC ('BLMIS'), pled guilty Tuesday to a five-count Superseding Information charging him with one count of conspiracy, as well as substantive counts of making false statements and subscribing to false U.S. individual income tax returns.
Here's a couple of interesting Bloomberg stories.
While UK homeowners worry about falling house prices and rising mortgage rates, the buy-to-let market is booming.
Mario Draghi, president of the European Central Bank, has dashed investors' hopes of fresh emergency measures to contain the crisis in the euro area, leaving borrowing costs across the 17 member countries unchanged.