Morceaux choisis
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Morceaux choisis
Back fronf the beach
The French president looks politically more solid, at least for now.
“If the president can keep a lid on disgruntlement through the autumn, that alone
would be an achievement to mark the midpoint of his five-year term.”
The Economist
Total liabilities
“Getting banks to improve their funding profiles will not be easy.
AN AMERICAN judge once said that it was hard to define pornography, but "I
know it when I see it". Something similar is true of doomed banks. It is difficult
to establish any archetype for failure frOM the past two years. Banks with high
capItal ratios, such as Lehman Brothers and Iceland's lenders, imploded, while
those with lower ratios survived. Plain-vanilla retail banks blew up while some
black-box trading shops prospered. Both small and big1 firms collapsed. Spotting
a doomed bank, it seems, may only be possible once it is going to hell.”
The Economist
Google's big book case
The internet giant's plan to create a vast digital library should be given a green light
“To its opponents, it is a brazen attempt by a crafty monopolist to lock up some of
the world's most valuable intellectual property. To its fans, it is a laudable effort by
a publicly minded company to unlock a treasure trove of hidden knowledge.
The Economist
“A force de la prêcher...”
“... on oublie que la tolérance, qui peut être, en effet, la vertu des forts, est aussi
l’opium des faibles.”
Claude Imbert, Le Point
“Certains prétendent que nos problèmes
économiques sont structurels…”
“…et qu'il n'existe pas de remède miracle. Je pense que les seuls obstacles struc-
turels importants à la prospérité du monde sont les doctrines obsolètes qui en-
combrent l'esprit des hommes.”
Paul Krugman, prix nobel d’Economie, Le nouvel Observateur
Source : TMS International
22 Le nouvel Economiste - n°1488 - Du 10 au 16 septembre 2009 - Hebdomadaire
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