FT: Rothschild and Freshfields founders linked to slavery

By Carola Hoyos in the Financial Times. Full article may be read here.

Washington Post: World Bank Financial Report Grim

"Developing nations are facing a massive financing shortfall of up to $700 billion this year as private investment evaporates and global trade collapses, threatening to return many countries to the days of heavy reliance on foreign aid, the World Bank warned yesterday."

Full Article May Be Read Here.

Washington Post: Out-of-Work Financiers Reap Dividends of Seeing the World

RIO DE JANEIRO -- When Deutsche Bank determined that strategist Rod Manalo was, in the merciless language of hard times, "redundant," it was an abrupt and humbling end to a seven-year career in finance.

Financial Times: China's Dollar Dilemma

By: Geoff Dyer. Full article may be read here.

Blogger Comment: China’s near $2,000bn (£1,380bn, €1,560bn) in reserves, the world’s largest, are often viewed outside the country as a great strength – an insurance policy against economic turbulence. But within China, they are increasingly seen by the public and even some policymakers as something of an albatross – a huge pool of resources not being used at home that will plunge in value if the US dollar collapses. Why, people ask, should such a relatively poor country bankroll such a rich one?

New York Times: Chicago Tea Party (Video)

By: Eric Etheridge, Full Article May Be Read Here

Blogger Comment: Watch this video. You gotta love the enthusiasm. In Boston, we had unfair royal colonial taxes. Now in Chicago, mortgage moral hazards. What, you dont see the equivalence???