Sunday, June 21, 2009

OPINIONS ROUND THE WORLD

''..And as Mr. Geithner pointed out, by 2007 more than half of America’s banking, in this sense, was being handled by a “parallel financial system” — others call it “shadow banking” — of largely unregulated institutions..''. Paul Krugman, ''The N.Y.Times..''
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''..Like many other Americans, every time I take my family to a national park I find myself thinking: Wow! If I only had a gun . . .
Now, thanks to Congress and President Obama, all of us will soon be able to carry loaded firearms into national parks and wildlife refuges. Even concealed weapons will be allowed, for those who have state permits..''.
Carl Hiassen, ''Miami Herald''
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''..To think I believed I had seen it all as regards creative uses and abuses of credit default swaps (CDS). But then came Amherst Holdings.
A credit default swap written on a security (a bond, say) is a contract that pays the owner a given amount when there is a default on that security. .'', W.Buiter, Financial Times
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''Für eines dürfen die Ossis in der Linkspartei ihrem Vorsitzenden dankbar sein: Dass autoritärer Führungsstil eine Spezialität ehemaliger SED-Kader sei - diese Vorstellung hat Oskar Lafontaine überzeugend widerlegt..'', Stephan Hebel,''Frankfurter Rundschau''
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''Nicolas Sarkozy en surfeur de vague verte. Ambiance «très cool» à l’Elysée, hier matin, commentait Daniel Cohn-Bendit, joint dans le métro par Libération, dès sa sortie du palais. Après Martine Aubry, François Bayrou et les autres leaders de partis, le président de la République recevait l’ex-figure de Mai 1968 avec les autres chefs de file d’Europe Ecologie : Cécile Duflot, la secrétaire nationale des Verts, et Pascal Durand..'', Liberation
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