RBS Japan Unit Sentenced in Libor Probe

Chris Dolmetsch and Tom Schoenberg, Bloomberg Royal Bank of Scotland Group Plc was ordered to pay $50 million by a federal judge inConnecticut over claims that it rigged the London interbank offered rate. RBS Securities Japan Ltd. in April pleaded guilty to wire fraud as part of a settlement of more than $600 million with U.S and U.K. regulators […]

Germany's Dream

Is Germany’s Dream Of European Conquest Finally Becoming A Reality?

Angela’s Agenda: Germany’s Dream Of European Conquest The Der Spiegel Staff wrote a great piece about Germany’s dream of European conquest Angela Merkel’s domestic policy in her third term will likely be confined to higher spending. But she has grand plans for Europe. SPIEGEL has learned she wants Brussels to have far more power over national […]

German Minister Who Helped Create Euro Now Calling For It’s Death

AP via Huffington Post The left wing opposition politician who was Germany’s finance minister when the euro was adopted says it’s time to think about abandoning the common currency in the wake of the enormous economic problems in southern Europe. Oskar Lafontaine says on his website that struggling eurozone countries have not been able to […]

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