At a high level, Floyd Norris explains it all to you. UDATED, AND PULLED TO THE FORE: For the more detailed view (h/t Barry R.), the soon to be late, not very lamented, New York Sun presents the details: The SEC allowed five firms — the three that have collapsed plus Goldman Sachs and Morgan […]

I have been reading the book: The Writing on the Wall. Mr. Will Hutton is the author. The book is billed as a look at what makes China tick and what the west should do about it. I chose it on the strength of the reviews as I wanted to learn more about China in […]