Of course they are more of a credit risk now - their revenue is about to go off a cliff. Thanks, I have not read it, but am pretty familiar with the role rating agencies played in the sub-prime mess. I am not defending them in any way, but at the ...

EU Proposes Rating Agencies Can Be Sued

Why couldn't ratings agencies be sued? However, if you want to sue them, you have to make a case. Just saying that you lost money because they published an opinion, which their entire business is based on, is not a case that would fly in any court.

EU Proposes Rating Agencies Can Be Sued

They had about a 50% chance of being right so it's hardly a great accomplishment.

US Dollar Breaks Out as S&P 500 Drops Most in Two Months

FYI, Trichet is gone.

Rumors of an emergency ECB meeting

My wife look like Halle Berry. Thanks for asking . What does being a songwriter have to do with anything?

Obama’s Sarkozy remark offends French

And Obama is a handsome man, if you like trolls. Not to mention him being jealous that his wife looks like the Kraken. I guess mythical creatures attract each other. In any case, who really cares? There are a 1000 things to attack Obama for, and a ...

Obama’s Sarkozy remark offends French

Sorry for not being clear enough. What I meant was "$500 was his seed money which started his rise as an investor". I am not claiming that this is absolute truth but any way you wanna slice it, he was certainly not a billionaire when he "started ...

Jim Rogers says Greek Bailout may be Prelude to a Collapse of the Euro Zone

How about we talk again when you're done with your PMS. In the meantime you might wanna think about what exactly you are trying to say.

Jim Rogers says Greek Bailout may be Prelude to a Collapse of the Euro Zone

His life didn't begin when he met Soros. I agree that the EUR may still have a leg up, I just don't see how that has anything to do with your attack on Jim Rogers. The man is a legend in more ways than one, so for some random dude on FF to insult ...

Jim Rogers says Greek Bailout may be Prelude to a Collapse of the Euro Zone

No need for insults mate. From what I've read, he started out with something like $500. And yes I'm sure he has made substantial losses, that's part of the game. If you're expecting to never have any losses, you're in for a rough ride.

Jim Rogers says Greek Bailout may be Prelude to a Collapse of the Euro Zone

This "so called expert" has made billions from investing. He is not just some chump Wall St. analyst. He is still calling for the collapse of USD - he just thinks EUR is first in line. He has been long agricultural (and other) commodities for a ...

Jim Rogers says Greek Bailout may be Prelude to a Collapse of the Euro Zone

Surprisingly, the Art of War is actually a pacifist philosophy, since it mainly deals with how to win without fighting.

China President Hu: EU debt problems should be mainly solved by Europe

It's impossible to know what is going on in his mind, but whatever it is, I think a referendum is the correct decision. The more decisions that can be made through democratic processes, the better off Greece will be. The article does mention ...

Nicolas Sarkozy tells Greece: If you don't stick to the rules, leave the eurozone

Which fundamentals?

Risk off as Papandreou confirms referendum

It means the Greek people won't have a say in their own future, which will instead be decided by the wise and benevolent institutions of Germany, France and the IMF.

Greek PM's call for a referendum is essentially dead

Absolutely. Everyone loves free markets as long as the good guys are winning.

Intervention not behind latest dollar rise vs yen

The epic failure of the "protectionist" economic policies enacted by post-WWI industrialized nations, including competitive devaluation, was instrumental in Adolf Hitler's rise to power.

Intervention not behind latest dollar rise vs yen

I'm talking about the 1930s actually. I don't believe the Plaza Accord was nearly as serious since it was more of a gang-bang than a circle-jerk. As far as the US coming off the gold standard, it's hard to say, but there is reason to believe that we ...

Intervention not behind latest dollar rise vs yen

I think you mean "what EVERYBODY is thinking about is that this is a currency war." The last time "competitive devaluation" was done on this scale, a couple of million people got killed over it...

Intervention not behind latest dollar rise vs yen

There are negative consequences when printing too much, especially in Japan where Japanese investors hold enormous amounts of government debt which will be devalued by printing.

Intervention not behind latest dollar rise vs yen