John A. Parnell, Ph.D.
Negotiators reached a last-minute deal earlier today to stave off the Eurozone's first eviction. While the arrangement does not include the direct confiscation of deposits, it is not without its flaws. Complete details are not yet ....
The EU's bailout of Cyprus took a chilling turn over the weekend when it required (more or less) the Cyprian government to confiscate a minimum of 6.75% of deposits in Cyprian banks as part of ....
The Swiss have taken another step to control executive pay. The drumbeat for similar action in the U.S. continues (see http://online.wsj.com/article/SB10001424127887324678604578338171658493636.html). Don't be surprised if the President follows suit as part of his ongoing anti-corporate agenda. ....
The sequester has already been analyzed to the hilt but 2 points are worth underscoring. First, the spending cuts--which are only decreases in increases--amount to only $85 billion compared to a $3.6 trillion budget. If ....