I have a huge backlog of links that I will try to work through over the next several days. Here are today’s with the first batch with extracted summaries.
News links for 5 Apr 2013
How Europe's Trade and Investment Ties Have Frayed - Businessweek
"The euro was launched in 1999 to increase prosperity by smoothing the flow of trade and capital within Europe. But as Europe lurches from crisis to crisis, ties are fraying. Trade and investment between euro-zone nations has diminished—which means the euro zone is slowly losing its main reason for being, regardless of whether it remains intact on paper. As T.S. Eliot almost said: This is how the euro ends, not with a bang but a whimper."
Wall Street power player: We’re incentivized to cheat - Salon.com
"Jim Chanos, an early detector of Enron...
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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.