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Monthly Archives: August 2011

DSK Accuser Ponders Dropping Criminal Case for Money

Lawyers for the woman who accused former IMF chief Dominique Strauss-Kahn of sexual assault have explored a deal in which they would scuttle the criminal case in exchange for a monetary settlement in the civil lawsuit, the Wall Street Journal reported Friday.The woman’s lawyer, Kenneth Thompson, strongly denied the report, which the Journal sourced to unidentified people briefed on the matter.The report comes ahead of Tuesday’s scheduled court hearing in which Strauss-Kahn, once seen as a leading contender to be the next president of France, was due to appear before a judge for the first time since he was freed from house arrest on July 1.

Read more: http://www.foxbusiness.com/industries/2011/08/19/strauss-kahn-accuser-mulls-dropping-case-for-money-wsj/#ixzz1VWe31M4D

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Quants: How Wall Street Really Works

All you ever wanted to know about quant models and bots. More importantly, how they really have changed our financial world.

[youtube:http://www.youtube.com/watch?v=ed2FWNWwE3I&feature=player_embedded 450 300]

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This Story Could Signal Real Trouble

One of the components to inflation is wage increase during times of ample M3. Well this may be the first sign of wage inflation which could spell serious run away inflation. Have to keep a close eye on this developing front.

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