If Greece was a company, it would be on the verge of administration. Right now it’s three weeks from default, an event that has the potential to derail the global economic recovery, especially in Europe.
Subprime meltdown
Local banking industry hardly a thriving free market
The fact that three of the major banks have increased rates over consecutive days simply goes to show that there is little if any real competition between them, writes Adam Schwab.
Blogwatch: the Big Banks edition
Swan should have gone in harder … Make the switch? Not so easy … Swan an interventionist leftie.
