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Posts Tagged ‘US regulators complicit in Libor scandal’

Geithner vs Huntsman: Trash vs Truth

Posted by Larry Doyle on July 19th, 2012 10:26 AM |

I don’t know about you, but I find myself often every morning discounting much of what I read in financial periodicals as mere noise if not outright trash. Trash? Yes, trash.

In my opinion, the garbage spewed is not a function of a broken sewer line, so to speak, but very much a function of individuals and institutions working hard to disguise or pollute a situation or a reality.

In the midst of the trash, I welcome and embrace commentaries that promote the truth.

I touched both ends of this trash vs. truth spectrum in reading the Financial Times this morning. Let’s juxtapose the following:

Geithner Defends Libor Actions, in which our Treasury Secretary states: > > >
(more…)






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