Germany wants a new Monetary Fund

Europe needs an institution similar to the International Monetary Fund to combat situations such as the Greek fiscal crisis, according to Germany’s finance minister.

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    The buzz is all around these items. But the market doesn’t care

    While the media and many bloggers continue to follow and report on these stories, most market participants have instead turned their focus to finding secular growth stories, deep-value high yielders to replace the lack of money market interest and other such assorted baskets to put their eggs in.

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    Formula One: Headed for a final lap?

    Sure, the big numbers and the gaudy pageantry still dominate Formula One proceedings. But the sport came to a total crack-up last year, and it remains rickety. At times over the past few years, Formula One has looked as ungovernable as California: big teams quit, and more threatened to do so; the financial industry cancelled its lifeblood sponsorship almost en masse; track attendance is down; and scandals have tarnished everyone from a world champ to the former head of motor sport itself.

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