A price band for oil? Why not just do a global deal on climate?
As oil continues its crazy gyrations (yesterday’s price – $48), news is proliferating that investment in new exploration and production is falling off a cliff. Monday’s NYT, for example, had this:...
View ArticleMoody’s – it’s time to stop hiding
Michael Lewis, in his highly entertaining new book, The Big Short, has a pop at ratings agencies (amongst a bazillion other targets). All the big Wall Street firms, he writes, were highly effective at...
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