While repeated high-level summits of European leaders have failed to solve the sovereign debt crisis, EU public servants continue to explore possible ways to foster financial stability. The most daring proposal is the common issuance of sovereign bonds among Member States.
Europe — Corporate Governance Changes in the Midst of the Sovereign Debt Crisis
Given the trajectory of headlines around the European financial crisis, by the time you read this post, the EU may not exist as an economic union. But… READ MORE ›
As if the stalemate in the Super Committee weren’t enough to worry U.S. investors, speakers at the recent Investing Conference held at the University of Virginia Darden School of Business (co-sponsored by CFA Institute) were abundantly clear that this… READ MORE ›
The U.S. deficit stalemate is a pathetic display — so say a broad range of investment professionals in a recent CFA Institute survey on the Super Committee bust. The bi-partisan committee was charged with determining $1.2 trillion in budget… READ MORE ›
The Greek-inspired debt crisis has all the elements of what has gone wrong in so many parts of the West. Governments over-promised and overspent, borrowing massive sums along the way, sometimes without telling their citizens or even hiding what… READ MORE ›
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