Monthly Archives: July 2011

Throwing the Bond Market Out With the Bath Water

By Martin Fluck | Published: July 10, 2011
The war the EU has declared on the ratings agencies shows why investors should not underestimate its determination to scapegoat “Anglo-Saxon” speculators for the sovereign debt crisis, and reduce “excessive profits” in the financial sector. Even if it means cutting off the EU's nose to spite its face.
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News Corporation Could Face Forfeiture of Its Assets in the US

By Martin Fluck | Published: July 9, 2011
Because News Corp has systematically been bribing police for information in the UK, the US justice department has a slam dunk case to prosecute it under Foreign Corrupt Practices Act, the Guardian reported this morning. This could allow the Federal Government to impose massive financial penalties, or even liquidate News Corp.
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