No one would build a reactor in a high-risk earthquake zone on a coast now. Not after Fukushima. Would they? Two of the world's biggest banks, HSBC and BNP Paribas, are doing just that. If completed according to plan, it will be the world's biggest nuclear power facility.
How lunatic-fringe do the House Republicans have to be before President Obama starts calling them out? These cuts have nothing to do with reasonable fiscal policy -- they are pure ideological retribution against government.
Chinese society is racing forward, but the traditional pillars of individual identity -- the family and the nation -- remain robust. It remains a society of "belongers." Outsiders are, now and forever, outcasts.
Silver has outshone the rise in gold prices in recent weeks by jumping 50 percent from around $18 to nearly $30 and then backed off to $27.16 Saturday. This extraordinary increase in the price of silver suggests that short covering might explain part of the gain.
When will Facebook/ Twitter / Foursquare end? They won't -- that's like asking when the internet and mobile phones will end. Which brings me to the realization that dealing with innovation in banking is a lot like dealing with grief.