• Now you might think this would be a very odd way to restore confidence in either the finances of an important bank or of a rather important eurozone government: one load of government IOUs of questionable intrinsic value would be swapped for a dubious right to future profits in a bank whose foundations have been crumbling.

    BBC: No magic potion for eurozone banks

  • By using dubious transfer prices, baseball-owners can switch profits from the teams to cable companies.

    ECONOMIST: A downright unAmerican national pastime

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