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Political Greenwashing: US Exports Coal Pollution to Europe; What About China?

MishTalk

exports of power plant-grade coal to Germany have more than doubled since 2008. That’s because it shifts some pollution — and the burden for cleaning it — onto another other country’s balance sheet. This is a classic case of political greenwashing,” said Dirk Jansen, a spokesman for BUND, a German environmental group.

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Consultant Ninja: A Simple Question about the Credit Markets.

Consultant Ninja

Management Consultant | Excel Jockey | Slide Monkey | Corporate Insurgent | One-Eyed Man in the Valley of the Blind Mckinsey | Bain | BCG | Booz | Oliver Wyman. It is probably much easier to diagnose and treat 4 or 5 patients than a group of 100, 200, or +1000. Management Consulting. skip to main | skip to sidebar. at 7:39 PM.

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Back in the Saddle, Just in the Nick of Time

MishTalk

Ally, whose defunct GMAC Mortgage unit was one of the biggest lenders of subprime mortgages in the run-up to the 2008 housing bust, will inch back into direct home loan originations next year, the bank’s Chief Executive Officer Jeffrey Brown said this week at a Goldman Sachs Group Inc. financial conference in New York.

Mercer 28
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Credit Equals Gold No.1

MishTalk

"Industrial and Commercial Bank of China, the world''s largest bank by assets, said on Thursday that it has no plans to use its own money to repay investors in a troubled off-balance-sheet investment product that it helped to market." Investors should have taken a hit. Certainly the promised 10% yield was too good to be true.

Banking 72
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FOMC Minutes and Economic Projections: Dissent in Both Directions

MishTalk

Participants also described their views regarding the appropriate path of the Federal Reserves balance sheet. scenario," and "left us with no clear picture as to what the group is. Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. December 2008 (85).

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Fed Study Shows "Persistent Fed Overoptimism about Economic Growth"; What Will They Do About It?

MishTalk

Possible explanations for this pattern include missed warning signals about the buildup of imbalances before the crisis, overestimation of the efficacy of monetary policy following a balance-sheet recession, and the natural tendency of forecasters to extrapolate from recent data. A study by Alessi, et al. This is a general statement.

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Reflections on 2013; What's Important, What's Not? What's Ahead?

MishTalk

Had I suggested in 2007 that the Fed balance sheet expansion of $75 billion a month would have been considered "tightening" people would have thought I was nuts. The islands are not much more than a group of rocks barely breaking the ocean''s surface. This year''s event is two days and will include additional "break-out" groups.