Economics and Investing:
Detroit Bankruptcy a “Game-Changing Event,” Meredith Whitney Says Square Goes Bent on Bias: Mobile Payment Company Says No to Guns G.G. flagged this:Bond Losses at Federal Reserve Top $192 Billion. The article begins: “The yield on 10-year U.S. Treasuries has surged 66% over the past three months. And bond investors, especially those with jumbo-sized positions, are getting hammered. How much money has the Federal Reserve lost?” Also from G.G.: US regulators ‘find evidence’ of banks fixing derivative rates Items from The Economatrix: Marc Faber On Central Banker Actions: “Insane People Don’t Realize They’re Insane” The When: “The Economic Collapse Cannot …