News links for 29 Mar 2013
Seeds of Cyprus disaster planted months ago by EU | Economy | News | Financial Post
"When European finance chiefs explained their harsh terms for rescuing Cyprus this week, many blamed the tiny Mediterranean nation’s wayward banking practices for bringing ruin on itself.But the path that led to Cyprus’ current crisis — big banks bereft of money, a government in disarray and citizens filled with angry despair — leads back, at least in part, to a fateful decision taken 17 months ago by the same guardians of financial discipline that now demand that Cyprus shape up."
Cyprus: lessons from a small disaster | Editorial | Comment is free | The Guardian
"the euro club has made rather an unappealing habit of bullying the weak nations and protecting the strong over...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.