Council of Councils
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Introduction
Over the last several decades, governments have collectively pledged to slow global warming. But despite intensified diplomacy, the world is already facing the consequences of climate…
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June 24, 2011
United States
Libya: "Justifications" for Intervention
Rebels fighters are reflected on a side mirror at the front line in Ajdabiyah June 22, 2011. REUTERS/Mohamed Abd El-Ghany As anyone who reads this blog probably knows, I have been a critic of the U…
December 4, 2008
Iraq
Iraq: Assessing the Surge
Watch Linda Robinson, author in residence at the Johns Hopkins University's Philip Merrill Center for Strategic Studies and Francis J. West, correspondent at the Atlantic Monthly Press, assess the po…
October 30, 2006
Financial Markets
Can David Rosenberg out-Roubini Roubini?
Nouriel “If you are going to be a bear, might as well be a grizzy” Roubini has a bit of competition. Merrill’s David Rosenberg now puts the odds of a recession at up to 80% “HSBC, US Bank ... now pe…
April 21, 2008
Financial Markets
Not all that sophisticated
Back in 2005, Ragu Rajan warned that the banks were taking on the hard-to-sell leftovers from the securitization process. As a result, he argued that the banks were becoming less liquid – and that t…
November 11, 2008
Financial Markets
Give me yield, give me leverage, give me return
“Give me yield, give me leverage, give me return” perfectly sums up how Wall Street bought itself close to financial ruin. JP Morgan’s William Winters didn’t just create help to create CDOs. H…
