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More fog of reporting....did the European Commission lodge a proposal to break the Greek negotiating logjam? If so, it's backpedaling at high speed....
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I sat in the front row of a New York federal court in November 2013 the day Jeremy Hammond was sentenced to 10 years in prison for hacking into the computers of a private security firm that works on behalf of the government, including the Department of Homeland Security, the Marine Corps, the Defense Intelligence Agency, and corporations such as...

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The reason I'm filling in today and tomorrow is that Yves is in Washington for the...
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Today's Water Cooler: Sanders is IN, Clinton on mass incarceration, Abe channels Rahm on TPP, Baltimore and the Northeast Corridor, Nepal...
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Das discusses two recent books on Japan, and both provide windows on how Japan is coping with its now lost two decades. One of them is by Tag Murphy, who I met in my days in Japan and has long been a very insightful commentator. As I said at the Atlantic Economy conference, rather than trying to "jump start the economy," which would take more...
Wednesday, 22 April 2015 |

301 Moved Permanently

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301 Moved Permanently...
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Over the last few years, the US Department of Justice has reached settlements with nearly every major lender with regard to the lending procedures for FHA (Federal Housing Administration) loans. The legal basis for the settlements were alleged violations of the False Claims Act. The total recovery is about $3 billion dollars.image

In the wake of lengthy...

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Business investment in advanced economies contracted sharply during the global crisis and has recovered little since. This column argues that the main factor holding back investment is overall economomic weakness. In some countries other contributing factors include financial constraints and policy uncertainty. Fixing the investment dearth will...
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Debt restructuring is the second largest source of outside financing for Ukraine’s new IMF program. The Fund itself brings $17.5 billion over four years; $9.6 billion comes from governments and other multilaterals (including Europe, the United States, and most recently, China), leaving $15.3 billion for...

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Ukraine's bond restructuring talks are in high gear, and, as ever, Russia is trouble du jour. Not only is it threatening to hold out in the bond deal and take Ukraine to arbitration, Russia also seems poised to block IMF disbursements to Ukraine using an arcane Fund policy on "lending into arrears." My hunch is that...

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