Judging by the million-dollar football salaries, you'd be forgiven for thinking the UEFA's Financial Fair Play regulations -- agreed in 2009 as a way of controlling clubs' ever-rising expenditure -- had done little to stem spending.
At DFW Airport, travelers in and out of Terminal D and the Skylink train stations are greeted by a multimillion-dollar display of murals and sculpture.
If there was true mark-to-market reform we wouldn't need Geithner's plan--banks could keep the assets on their balance sheets since they'd be more realistically marked, probably around 60 cents on the dollar.
In overnight news, the Japanese stock market rallied and the yen dropped against the U.S. dollar as the Group of 20 nations at its weekend meeting in Washington, D.