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	<title>Eye of the Storm</title>
	<link>http://www.eyeofthestormbook.com</link>
	<description>The Financial Crisis: Background, Economic Policy making</description>
	<lastBuildDate>Tue, 06 Apr 2010 23:09:28 +0000</lastBuildDate>
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		<title>Financial Regulation: Fresh Perspectives Needed</title>
		<description><![CDATA[In the US, the healthcare bill has passed and general attention is shifting back to the economy and financial industry regulation. As in healthcare, the stakes are high, for both the general public and the financial industry. As in health-care business interests are fighting hard for every inch and as in healthcare they are defending [...]]]></description>
		<link>http://www.eyeofthestormbook.com/2010/04/financial-regulation-fresh-perspectives-needed/</link>
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		<title>Governance</title>
		<description><![CDATA[Good Corporate Governance demands that our large universal banks be broken up!
Over the years we have come to accept corporate scandals as normal fare in our capitalistic system. Still, when they are uncovered, these cases are nowadays generally dealt with little tolerance.
In the ultimate conclusion the ongoing financial crisis was caused by a monumental failure [...]]]></description>
		<link>http://www.eyeofthestormbook.com/2010/02/governance/</link>
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		<title>Creating Jobs</title>
		<description><![CDATA[At the State of the Union, last week the President again delivered an inspiring speech. Certainly, one feels compelled to follow the lead. His number one priority in 2010 is to revive the economy and to create jobs. Yet, as convincing as the President lays out his plan, it smacks of Sisyphus and contrary to [...]]]></description>
		<link>http://www.eyeofthestormbook.com/2010/02/creating-jobs/</link>
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		<title>Man of the Year!&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;&#8230;. The Baron of Munchhausen</title>
		<description><![CDATA[Happy New Year!!!
Baron of Munchhausen {PDF}
And yet again this blogger was side-tracked by the intensity of starting up businesses. I sure hope to be able to write more in 2010. Although somewhat belated, I don&#8217;t want to miss wishing you and your loved ones great health, abundant wealth and happiness in the New Year ahead.
During [...]]]></description>
		<link>http://www.eyeofthestormbook.com/2010/01/the-baron-of-munchhausen/</link>
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		<title>Energy, An Overview</title>
		<description><![CDATA[Energy an Overview PDF
In 2007, world consumption in energy was equivalent to 90 billions of barrels of oil or expressed in electrical output, about 55,000 terawatt hours (1 terawatt is 1000 gigawatts, 1 gigawatt is 1000 megawatts, 1 megawatt is 1000 kilowatts). This is the equivalent of the yearly output of 30,000 normal-sized power plants [...]]]></description>
		<link>http://www.eyeofthestormbook.com/2009/11/energy-an-overview/</link>
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		<title>Risk and Uncertainty</title>
		<description><![CDATA[Rik And Uncertainty (PDF)
Paul McCulley of Pimco very eloquently describes the mechanics (and contradictions) of the ongoing government orchestrated asset bubble from the Bond market’s perspective.
He also muses about the future of finance, declaring the efficient market hypothesis all but dead and describes the dawn of behavioral finance. Bond guys continue to be, so it [...]]]></description>
		<link>http://www.eyeofthestormbook.com/2009/11/risk-and-uncertainty/</link>
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		<title>World Energy Policy, Copenhagen 2009</title>
		<description><![CDATA[Copenhagen 2009 PDF
In December 2009 Copenhagen will host the Climate Change Conference in what is hoped by many to be the single most important environmental event since Kyoto back in 1997.
Media and politics is dominated by a great deal of half-truths and erroneous beliefs about our global energy economy and its impact on our environment. [...]]]></description>
		<link>http://www.eyeofthestormbook.com/2009/11/world-energy-policy-copenhagen-2009/</link>
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		<title>The Mother of all Asset Bubbles</title>
		<description><![CDATA[Mother of all Asset Bubbles (PDF)
On November 1, Nouriel Roubini published a must read article in the Financial times titled “The Mother of all Carry Trades”.
He describes excellently what is going on in the markets and how another globally synchronized asset bubble is created by the reckless policies of the US Fed. Roubini Mother of [...]]]></description>
		<link>http://www.eyeofthestormbook.com/2009/11/the-mother-of-all-asset-bubbles/</link>
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		<title>Reforming Banks II, United Kingdom</title>
		<description><![CDATA[Reforming Banks II, United Kingdom
UK authorities have announced that they will break up two of its banks, the ones it now controls, Royal Bank of Scotland (RBS) and Lloyds. Back in 2006, RBS was the world’s largest bank as measured by the size of its balance sheet, which then amounted to $3’700 billion. RBS was [...]]]></description>
		<link>http://www.eyeofthestormbook.com/2009/11/reforming-banks-ii-united-kingdom/</link>
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	<item>
		<title>Reforming Banks</title>
		<description><![CDATA[Reforming Banks PDF
If you are interested in more background here are two relevant chapters of  Eye Of The Storm, (16) Asset Management, (17) The UBS Story
First, let me apologize for my long silence on my blog. It wasn’t a leisurely summer as some of you will have enjoyed: rising markets, lots of “Green Shots” and [...]]]></description>
		<link>http://www.eyeofthestormbook.com/2009/10/reforming-banks/</link>
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