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UBS CEO Warns Swiss Population Cap Is An 'Extreme' Measure
UBS CEO Warns Swiss Population Cap Is An 'Extreme' Measure
A proposal headed for a June 14 vote in Switzerland made headlines for seeking to place a hard cap on the country's permanent resident population at 10 million through 2050.
The vote is also being watched as a referendum on immigration pressure in Europe more broadly. UBS CEO Sergio Ermotti has caught the vapors over the idea, describing it as an "extreme" measure that fails to address the country's underlying challenges.
UBS CEO Sergio Ermotti (photo: Chiara Zocchetti )
"I do worry about these...
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Mar 12, 2026 / William L. Anderson
The Duke Lacrosse Case 20 Years Later: How Durham Law Enforcement Promoted a Criminal Conspiracy
The Duke Lacrosse Case would never have been a legal item had not the police and prosecutors of the case lied and broken the law on numerous occasions. Here is a small sampling of the lies they told.
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Mar 26, 2026 / Tyler Durden
The 'Blame Game' In Private Credit Begins
The 'Blame Game' In Private Credit Begins
Submitted by QTR's Fringe Finance
This morning I warned (again) this wasn’t a normal market in private credit. It was a liquidity event. And today it’s becoming something else too.
According to the Financial Times, the SEC is now questioning whether Egan-Jones, a small but deeply embedded credit rating agency in private credit, can “consistently produce credit ratings with integrity.” That’s not a routine inquiry. That’s the regulator openly wondering whether one of the key cogs in the machine was ever doing its job properly in the first place....
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Mar 30, 2026 / Tyler Durden
Dallas Fed Mfg Activity Holds Near One Year High Despite Plunge In Respondent Sentiment On Iran War
Dallas Fed Mfg Activity Holds Near One Year High Despite Plunge In Respondent Sentiment On Iran War
The Dallas Fed Manufacturing Index continues to straddle the unchanged line, and despite a tiny dip from 0.2 in February, the highest print since July, to -0.2 in March, just below the 1.5 median estimate, the index remained near the highest level in a year and absent a modest and brief, post-Trump election spike, this remains one of the highest prints since mid-2022.
Curiously, the headline index barely dropped even though most index components...
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