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Goldman Strikes Again. “We Were Ripped Off,” Says British Official.

If I’m ever caught with a smoking gun in my hand, blood on my shirt and a dead body in the room, I want Goldman’s in-house lawyers to defend me. I’d get probation at worse.

BRITAIN ECONOMY WORLD GROWTH
OECD Calls G7 Growth “Self Sustaining”

The OECD likes what it sees. It says that the global recovery is becoming “self sustaining.” It has the US doing better than the average of 2.9% growth projected for the G7 leading economies (excluding Japan). The UK and Italy are stuck in the OECD slow lane. From the Telegraph… In

Are the Bulls Over-Optimistic?

Investors are ending the year in a bullish mood. You probably think that’s a good thing. I don’t…

OECD Says West Slowing Down More

OECD said last week that the economies of the U.S., Britain, Canada, France, Germany, Italy and Japan were weak and slowing. Yesterday it piled on, saying that the slowdown will be worse…