Tag: government

February 12, 2014 0

Rethinking "Paper Tiger"

By News Desk

Financial Times writer Wolfgang Münchau says Germany’s Constitutional Court has Strengthened the Eurosceptics . When the first headlines came out on Friday morning, it looked as if the German constitutional court had caved in. It decided to pass the case against Mario Draghi’s “whatever-it-takes†bond-buying programme to the European Court of Justice.

February 8, 2014 0

Bank of America and City Official Fraud Enters the Detroit Bankruptcy Equation; Fair Settlement Reviewed Again

By News Desk

Before answering, let’s take a look at the charges as presented in Democracy Watch: Swaps, COPs & Lingering Questions . In 2005, the city of Detroit faced a monumental dilemma: It desperately needed to borrow more than $1.4 billion to help shore up its two pension systems, but doing so would far exceed the legal limit on the amount of debt it could amass