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Thousands Protest in Frankfurt Calling on to Dismantle “Laboratory for Austerity”. Dozens of people have been wounded in clashes surrounding Wednesday’s massive protest against austerity in Frankfurt, Germany.
Greece: Memory & Debt. Memory is selective and therein lays an explanation for some of the deep animosity between Berlin and Athens in the crisis that has shaken the EU to its foundations.
One Bank Is Finally On Trial. Nomura accused of lying to mortgage giants Fannie Mae and Freddie Mac about the quality of mortgages pooled into securities during the housing bubble.