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Drought To Send Food Prices Soaring

Drought To Send Food Prices Soaring

Mark Gongloff  07.25.2012
Thing One: The Heat Of The Meat: And so it came to pass that in that dread Summer of '12, that vegetarianism did spread across the land. We...
Any Day Now, Fed

Any Day Now, Fed

Mark Gongloff  07.24.2012
Thing One: Fed Prepares To Think About Action: Like a besieged Gotham without a Batman, our troubled economy looks to a hero for salvation:...
Germany Tastes Its Own Bitter Medicine

Germany Tastes Its Own Bitter Medicine

Mark Gongloff  07.23.2012
Thing One: Germany Tastes Own Medicine: Let's all of us in the poor countries -- Greece, Spain, the United States -- have a laugh at Germany,...
The European Crisis Is Back From Vacation

The European Crisis Is Back From Vacation

Mark Gongloff  07.23.2012
Thing One: European Vacation Over: Earlier this month, 7.5 Things went for more than a week without feeling compelled to ruin your morning...
Banks Want To Settle Libor Charges: Report

Banks Want To Settle Libor Charges: Report

Mark Gongloff  07.20.2012
Thing One: Let's Make A Deal: They did the crime together. They might as well do the time together too. A bunch of banks under scrutiny...
Banks Had A Libor Fraud Co-Op: Reports

Banks Had A Libor Fraud Co-Op: Reports

Mark Gongloff  07.18.2012
Thing One: All Together Now: Stringer Bell would be so proud. Just as The Wire's business-savvy drug dealer organized a cooperative of...
PFG Customer Money Has All Been Spent: Report

PFG Customer Money Has All Been Spent: Report

Mark Gongloff  07.17.2012
Thing One: Are My Methods Unsound? See, this right here is exactly why Jamie Dimon worries that financial regulations will destroy America. Most...
Shocked, Shocked To Learn Of Libor Fraud

Shocked, Shocked To Learn Of Libor Fraud

Mark Gongloff  07.16.2012
Thing One: King Of Pain: If there were a buck-passing event in the London Olympics, Bank of England chief Mervyn King would be the favorite...
Libor Fraud Made Easy

Libor Fraud Made Easy

Mark Gongloff  07.16.2012
Thing One: The Big Easy: Libor is like a honey trap for banks: The perfect lure for getting themselves into deep trouble. Bloomberg writes...
Geithner's Choice

Geithner's Choice

Mark Gongloff  07.13.2012
Thing One: Tim's Choice: It's Choose Your Own Adventure day here at 7.5 Things. Let's say you're one of the most important banking regulators...
Fed Leaps Into (In)Action

Fed Leaps Into (In)Action

Mark Gongloff  07.12.2012
Thing One: Finicky Fed: Long-term unemployed people of America, take heart: Your brave champions on the Federal Reserve have heard your...
Bring Out The Claw

Bring Out The Claw

Mark Gongloff  07.11.2012
Thing One: Just When I Thought I Was Out: If you think leaving a job means leaving behind all of that job's headaches, well, think again,...
Libor Cheating: Who Knew?

Libor Cheating: Who Knew?

Mark Gongloff  07. 9.2012
Thing One: The Fed's True Libors: It's a good thing no one on earth cares about this Libor scandal, because otherwise the Fed would be...
Obama's Tax Cut Gambit

Obama's Tax Cut Gambit

Mark Gongloff  07. 9.2012
Thing One: Cliff Diving: We're less than six months away from hitting the fiscal cliff, and our national co-pilots are too busy bickering...