• Some leaders have urged the meeting to begin the process of launching a new global agreement to stimulate prosperity, similar to the Bretton Woods agreement in 1944 that created the post-war system of fixed exchange rates and established the IMF and the World Bank.

    BBC: Q&A: The G20 summit

  • Call it a sweet government contract, it would still probably cost less than the post office, with all its pension obligations and other fixed costs.

    FORBES: After The Post Office

  • In a fresh blog post today though, he explains that Facebook has now fixed the flaw and that the cookie containing identification information was now deleted when a user logged out.

    FORBES: Morning Tech Wrap: Apple, Facebook, Groupon

  • Banks can borrow for three years at a fixed 1% rate and is all they have to do is to post collateral.

    FORBES: Spain: Liar, Liar, Pants On Fire

  • The post-war period of financial repression occurred under the Bretton Woods system of fixed exchange rates, which was marked by tight capital controls.

    ECONOMIST: Buttonwood

  • In a future post, I will elaborate on how active management is even more essential to specific types of fixed income securities, such as munis.

    FORBES: With Bond Yields So Low, Why Should You Pay More For Active Management?

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