Even in the best of circumstances, the Federal Reserve Chairman is a professional price-fixer and market-rigger. The private sector manipulated prices opportunistically. The public sector rigs them on principal.James Grant, editor of Grant’s Interest Rate Observer, on Ben Bernanke's admission that he knew as early as 2008 that large banks were posting fraudulent LIBOR postings.
Maraetai Beach - On Monday morning, we had a cup of coffee at Maraetai Beach.
1 day ago