10.21.2007

Paulson makes a mockery of the G7

One of the burdens that comes with being a major developed economy and member of the G7 is that you're not supposed to turn your currency into toilet paper.

France, Italy, and German tried to remind the U.S. of this responsibility, but Treasury Secretary Paulson vetoed their statement.

No comments:

CalPERS Fail

Despite the awesome bull market this year, CalPERS again missed its return target, earning only 5.8% vs. its required 6.8%. CalPERS has mi...