Tag Archives: Business
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Bank Recapitalization Will Make Euro Crisis Worse
Recapitalizing banks after they bought worthless Greek debt when they should have known better isn’t just wrong; it won’t work.
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Bank Bailout Invites Scrutiny of Belgian Credit Risk
The partial nationalization of a Franco-Belgian investment bank confounds the financial difficulties of the Belgian state.
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The Folly of a Financial Transaction Tax
A bank levy will fail to raise revenue but not before urging companies to move their trades out of Europe.
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Energy Secretary Distorts History to Promote Clean Energy
Steven Chu claims that government was responsible for “all the technologies that led to prosperity in the United States.”
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Republicans Still Fighting Financial Reform
Opposition lawmakers in the Senate are trying to stop a new consumer protection agency created under last year’s Dodd-Frank bill.