Word: speculatione
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But here's the snag: only a week ago, King wrote the Treasury committee explaining, "the provision of such liquidity support undermines the efficient pricing of risk." He went on: "That encourages excessive risk-taking, and sows the seeds of a future financial crisis." Why the change of heart? "Decisions...
Since that long boom ended in 2001, though, griping and whining have been ascendant. Greenspan was a bubble blower, the main criticism goes, a man whose lax monetary policies encouraged excess and speculation. What's more, he failed to thwart George W. Bush's demolition of the budget surpluses built...
The horse will be displayed October 4-8 in Hong Kong as part of Sotheby's auction preview. Then it moves to Ho's Hotel Grand Lisboa in Macau. Its final destination hasn't been announced, though there is speculation it will end up in the Poly Museum with the...
In a statement, Branson stressed that his donation shouldn't be seen as a proclamation of the McCanns' innocence: "In the midst of all of this speculation and rumor, we must remember there is a family in pain and a little four-year-old girl is still missing. We must...
Good timing. Changes to Portugal's secrecy laws over the weekend give suspects and third parties - who were previously not allowed to know the details of a police investigation - greater access to case files, meaning the McCanns' legal team could get hold of the 4,000-page police file on...