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Tuesday, March 19, 2024

Frontrunning: Tax Day

Courtesy of Tyler Durden

  • Bond-fund fraud suits leaves auditor speechless: PwC joins the E&Y in the incompetent lineup (Bloomberg)
  • Goldman director in probe: prosecutors examine trades by Galleon in bank’s shares as investigation widens (WSJ)
  • The rumors were spot on: Chinese economy grows 11.9%, highlighting threat of overheating (Bloomberg, Reuters)
  • New Basel restrictions blasted by banks who thing 100x leverage is perfectly acceptable, anything less and the “client” will suffer (Bloomberg)
  • More bad news out of PIIG land: Greece may cancel bond issue – “Athens now hopes to raise “up to $1 billion to $4 billion,” compared with $5 billion $10 billion previously.” (WSJ)
  • We need a Blankfein amendment (DealBook)
  • Behavioral economics—the governing theory of Obama’s nanny state (The Weekly Standard)
  • Leaders mull EU support tool, markets turn on Greece (Reuters)
  • William Cohan – The man who cost Merrill shareholders $50 billion (Fortune)
  • Talking down expectations of a rate hike (Brusuelas)
  • The United States it the new Europe (RCM)
  • The whistleblower they ignored (The Nation)

 

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