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Sovereign Credit Default Swaps

President Obama Might Ask Who Benefits From U.S. Debt Default

Janet Tavakoli | Posted 02.21.2014 | Business
Janet Tavakoli

Most of the financial press has focused on how awful a technical default would be, and who is upset. But our leaders might ask a different question. Who are the reprobates that are cheering for the possibility of a technical default on the U.S.? Who stands to gain?

Gold Game Changer: J.P. Morgan Accepts Bullion as Money

Janet Tavakoli | Posted 05.25.2011 | Business
Janet Tavakoli

Though I don't recall the G-20 declaring a new currency standard, J.P. Morgan announced on Monday that it will accept physical gold as collateral for investors who want short-term loans of cash or securities.