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Archive for September, 2008

The bloodbath on Wall Street

This morning, Lehman Brothers, one of the largest and most prestigious investment banks in the world, announced that it has filed for Chapter 11 bankruptcy. Last night, Bank of America announced that it has reached a deal to acquire Merrill Lynch for $50 billion. As expected, the markets around the world reacted violently this morning. […]

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Holidays … Chicago, Austin and Miami

Holidays – the Americans use the term “vacations” instead. I love them and it is unfortunate that the capitalist Wall Street is not as generous with them as the socialist British or Europeans. Particularly as I now embrace the working life, leisure and free time is ever so precious. I believe in the necessity of […]

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