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Greece – What You are not Being Told by the Media

With the Asian Infrastructure Investment Bank (AIIB) due to come on-line this week, do you think China will step in to bail-out Greece? -LW

Every single mainstream media has the following narrative for the economic crisis in Greece: the government spent too much money and went broke; the generous banks gave them money, but Greece still can’t pay the bills because it mismanaged the money that was given. 1,475 more words

Government / Politics

Opportunistic investors circle over £300m Gemini carcass

At least half a dozen investors are preparing bids for the remaining Gemini UK-wide mixed-use commercial property portfolio, formerly owned by Glenn Maud’s Propinvest.

CoStar News… 670 more words

Banks

On the referendum #9: Cameron begins his renegotiation, the Commission sets out its timetable for new Treaty pre-2025, BJ & SJ make moves, a Greek 'no'

A few thoughts on developments over the past week or so…

1. No Treaty change before the referendum. On Thursday 25th at the start of the EU Council, it emerged that Cameron officially dropped the idea of the EU treaties being changed before the referendum. 3,231 more words

UK Politics

Greece: Oxi, Oxi, Oxi!

The Global Financial Crisis was a long time ago. 2008 is far enough away that you can sort of nearly explain what went wrong to someone who was born during or after the crisis. 1,218 more words

Political

Money and Lies

You have heard of the confrontation running between Greece and EU about economic matters and maybe you’re waiting for the results of today’s referendum to know if a tiny country will refuse or not to find another economic agreement with the so-called “troika” (that’s… 501 more words

Geopolitcs

How the Greeks got into this mess

While Greeks across the peninsula and its thousands of islands amassed Sunday for a critical vote on whether to attempt to restructure its debt or accept the austerity terms of the International Monetary Fund, there is much debate of what hangs in the balance. 297 more words

Economy

Rajat Gupta's appeal to void insider trading conviction fails

Former Goldman Sachs Group Inc director Rajat Gupta lost his bid to overturn his insider trading conviction for passing tips about the bank’s financial results and a crucial investment from Warren Buffett’s Berkshire Hathaway Inc. 20 more words