From today’s Volkskrant (clunky translation mine): The “milk ponds” and “butter mountains” of Europe are history. For the first time in almost 40 years, Dutch dairy farmers don’t have to ask Brussels for subsidies. Prices on the world market are rising so fast, that they can stand on their own legs… “The mood is euphoric,” [...]
Okay, I’ve read David Cay Johnston’s article about Blackstone’s funky tax avoidance plan three times now, and I’m still miles from understanding how it works. But here’s the result: The Blackstone Group, the big buyout firm, has devised a way for its partners to effectively avoid paying taxes on $3.7 billion, the bulk of what [...]
From an interview with Chicago broker/trader Jay Norris, on the currency-trading blog Piptopia: I always remembered Bill Williams -– Author of Trading Chaos — my first mentor’s answer when asked what sort of people are best to train as traders. Without hesitation, he said “Give me someone w/ the equivalent of a high school education [...]
