Wall Street’s Reputation Still Falling  13/02/2012

More than three years after the financial crisis, Wall Street banks are still in the doghouse. In a survey intended to track the reputations of leading companies, only 17 percent of respondents had a positive impression of the financial services industry, according to Harris Interactive, a consulting firm. That is lower than the 22 percent of survey participants who had a favorable opinion of the industry last year. Wall Street ranks third from last in popularity among all industries surveyed, above only tobacco and government...

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New York Times

GEAB N°65 - Contents

- Published on May 16, 2012 -

Global systemic crisis / Second half of 2012 – Convergence of four explosive factors: Banks-Stock Exchanges-Pensions-Debts
Whilst waiting for Euroland to equip itself, by the end of 2012, with a medium to long term common political, economic and social project, especially following the election of the new French president François Hollande, anticipated many months ago by LEAP/E2020, players will remain prisoners of the short-term reflexes related to the sudden Greek political tremors, the uncertainties over Euroland governance and to the risks in public debts… (page 2)
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Which languages must your child learn to be useful to him in twenty years ? Anticipation of the principal intra-European and world common languages in a 2030 timframe
Beyond its cultural interest LEAP/E2020 has created this anticipation as a tool to aid decision-making, individual (parents for the education of their children) as much as collective (public education institutions, universities, states, international businesses). Individual and joint strategies as regards language teaching are long term processes needing fundamental choices to be made almost a generation in advance… (page 11)
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Strategic and operational recommendations
. Currencies-Gold: Stay on course
. Pensions: Preserving one’s capital
. Stock Exchanges: Last exit before chaos
. Banks: Maximum distrust
. Government bonds: The trap is closing (page 21)
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The GlobalEurometre - Results & Analysis
The majority of respondents believing that their country’s major banks could go bankrupt by the end of 2012 has risen to 66% this month (versus 61% last month)… (page 23)
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