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Olduvai III: Catacylsm
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Head Of Largest Swiss Cantonal Bank Says Swiss Capital Controls Are “Certainly Possible”

Head Of Largest Swiss Cantonal Bank Says Swiss Capital Controls Are “Certainly Possible” Yesterday, when we reported that the SNB had hinted at that most dreaded of possibilities for central planners, one which always implies full loss of central bank credibility, namely capital control, for some inexplicable reason various readers and even contributors (“Another misleading headline by the Tylers. What […]

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Swiss Shocker Triggers Gigantic Losses For Banks, Hedge Funds And Currency Traders

Swiss Shocker Triggers Gigantic Losses For Banks, Hedge Funds And Currency Traders The absolutely stunning decision by the Swiss National Bank to decouple from the euro has triggered billions of dollars worth of losses all over the globe.  Citigroup and Deutsche Bank both say that their losses were somewhere in the neighborhood of 150 million dollars, a […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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