nous les 99%

… the Lehman Brothers case – Published on VOX EU.org, by Thomas Gehrig, May 25, 2016.

During normal operations, price discovery is an important feature of decentralised market trading. But the process can be distorted when markets are under great stress, such as during the run up to the collapse of Lehman Brothers in 2008. This column uses trading data from the days leading up to and following the collapse to show that price discovery at US stock exchanges remained remarkably efficient, even at the height of the turmoil.   Continuer la lecture de « Price discovery during anomalous market trading »

Published on Axis of Logic (first on teleSUR), by Pablo Vivanco, May 20, 2016;

For most, the decades of the 1970’s and 1980’s are regarded as a dark period for Latin America. Like Honduras and Paraguay, Brazil’s elites used the legislature against Dilma Rousseff. Is Venezuela next?   Continuer la lecture de « Parliamentary Coups, the New Strategy of Latin America's Right »

• bankruptocracy: Varoufakis on Bankruptocracy, on lvgaldieri, not dated;
• Bankruptcy: Actual Fraud Includes Fraudulent Transfers In Bankruptcy – Sotomayor, on Forbes, by Jay Adkisson, May 21, 2016;
• from Bankruptcy to Bankruptocracy: The Tent City of New Jersey: Desperate victims of the economic slump forced to live in makeshift homes in forest, on Mail Online.co.uk, by Daily Mail Reporters, August 2, 2011;

one quick partial possible solution to global bankruptcy resp. bankruptocray – Unconditional Basic Income:   Continuer la lecture de « From Bankruptcy to Bankruptocracy »

Published on ZNet (first on The Intercept), by Dilma Rousseff and Glenn Greenwald, May 21, 2016 [VIDEO 23.21 min]. https://zcomm.org/znetarticle/first-interview-with-brazils-president-dilma-rousseff-since-the-senates-impeachment-vote/

Last Thursday, Brazilian President Dilma Rousseff was suspended from the presidency when the Senate voted, 55-22, to try her on the impeachment charges, approved by the lower house, involving alleged budgetary maneuvers (“pedaladas”) designed to obscure the size of public debt … // Continuer la lecture de « First Interview With Brazil’s President Dilma Rousseff Since the Senate’s Impeachment Vote »