Archive | September 22, 2008

Reality striking USA may prompt profit-taking in Tokyo after holiday

It goes without saying that I am extremely skeptical of the Paulson bailout scheme under the funny money regime. Good for Nomura [[NMR]] and Mitsubishi UFJ [[MTU]] for being able to get in on the scavenging, the former, which is said to be buying Lehman’s Asia franchise and the latter which is reported to be [...]

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