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Cyprus
Listen to Charles Sizemore talk about the Cyprus crisis and what it means for investors on Mike Robertson’s Straight Talk Money: If you cannot view the embedded media player, please follow this link.
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I’ll give the European Union credit: at least they are creative at finding new ways to upset the world’s capital markets. Instead of demanding just the usual austerity measures of higher taxes and lower spending—and a potential haircut on speculative creditors such as hedge funds—the EU bailout negotiators insisted over the weekend on extracting a...
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