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Visionaries – 08.21.17

“Visionary Creativity in Business.” In 1982, in a climate of panic over American business “decline,” Tom Peters and Robert H. Waterman released a book titled “In Search of Excellence: Lessons from America’s Best-Run Companies.” The book is important to this day and has been followed by similar books, for example James C. Collins’s 2001 book, “Good to Great: Why Some …

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ANDREW GAVIN MARSHALL – BANK CRIMES PAY: UNDER THE THUMB OF THE GLOBAL FINANCIAL MAFIOCRACY

ON NOV. 13, THE UNITED KINGDOM’S SERIOUS FRAUD OFFICE (SFO) ANNOUNCED IT WAS CHARGING 10 INDIVIDUAL BANKERS, WORKING FOR TWO SEPARATE BANKS, DEUTSCHE BANK AND BARCLAYS, WITH FRAUD OVER THEIR RIGGING OF THE EURIBOR RATES. THE LATEST ANNOUNCEMENT SHINES THE SPOTLIGHT ONCE AGAIN ON THE SCANDALS AND CRIMINAL BEHAVIOR THAT HAVE COME TO DEFINE THE WORLD OF GLOBAL BANKING. To date, only …

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The Numbers Are In: China Dumps A Record $94 Billion In US Treasurys In One Month

Shortly after the PBoC’s move to devalue the yuan, we noted with some alarm that it looked as though China may have drawn down its reserves by more than $100 billion in the space of just two weeks. That, we went on the point out, would represent a stunning increase over the previous pace of the country’s reserve draw down, which …