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  • EU antitrust czar Joaquin Almunia. I guess they don't call them "czars" in Europe though.

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    Banks Preferred Profitable CDS Business Over Less Profitable One

    The thing about antitrust law is that it’s so understandable. Not in the sense that a human can easily understand antitrust law, particularly, just that it’s easy to understand where the people who violate it are coming from.1 This EU antitrust case against 13 banks for “colluding to prevent the lucrative global business of trading […]

    / Jul 1, 2013 at 3:03 PM
  • REMEMBER ME?

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    The CDX And The Whale

    The OCC report on bank derivative activities is rarely what you would call a laugh riot but I enjoyed that the 2Q2012 one released today gives the London Whale a belated sad trombone: Commercial banks and savings associations reported trading revenue of $2.0 billion in the second quarter of 2012, 69 percent lower than the […]

    / Sep 21, 2012 at 1:29 PM

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