Tag Archives: LIBOR rate fixing scandal

knocking on the cones of silence

How did we get into this mess and is there any way to get out? We seem to be on the precipice of nihilism. A triumph of destruction.The final trashing of sound values and tradition. Everything as a giant ponzi … Continue reading

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rate fetish: the price is right

…Leopards break into the temple and drink to the dregs what is in the sacrificial pitchers; this is repeated over and over again; finally it can be calculated in advance, and it becomes part of the ceremony. Kafka, Parables and … Continue reading

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