Sublime
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The Bob Rubin trade? Robert Rubin, a former Secretary of the United States Treasury, one of those who sign their names on the banknote you just used to pay for coffee, collected more than $120 million in compensation from Citibank in the decade preceding the banking crash of 2008. When the bank, literally insolvent, was rescued by the taxpayer, he
... See moreNassim Nicholas Taleb • Skin in the Game: Hidden Asymmetries in Daily Life
"The Argentine Exchange: Robbing Pedro to Pay Pablo" was the headline on the swap in a June 5 report by the independent research firm CreditSights. "The unambiguous winners from the exchange are the investment banks," said the report, written by Peter Petas. "The losers, ultimately, will be the Argentine people and whatever investors are unlucky
... See morePaul Blustein • And the Money Kept Rolling in (And Out): Wall Street, the Imf, And the Bankrupting of Argentina: Wall Street, the IMF and the Bankrupting of Argentina
Poppy cultivation had become an agribusiness and the dealers for the Afghan drug barons now had technical advisers who were visiting Nangarhar to advise on the crop and the product, paying in advance, and so concerned about the health of their workers that they had given them face-masks to wear in the opium factories. Some said they even offered
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