Implode-Explode Heavy Industries news feed Tracking the many faces of the global credit implosion. en-us iehi-feed-57126 Sat, 04 Jul 2015 00:21:45 GMT Major Retail Gold Bullion Dealer Can't Get Gold; Suspends Operations (AND OTHER TIMELY PM'S MARKET PUZZLES...) iehi-feed-57125 Sat, 04 Jul 2015 00:17:03 GMT China Tells Investors: Go Ahead, Bet the House on Stocks iehi-feed-57123 Fri, 03 Jul 2015 22:12:53 GMT Putin Gobsmacks Uncle Sam ... Again - Mike Whitney iehi-feed-57122 Fri, 03 Jul 2015 19:23:54 GMT World stocks drift lower ahead of Greek vote; Chinese stocks plunge as support measures fail iehi-feed-57121 Fri, 03 Jul 2015 18:23:23 GMT Investor Indicted for Bid-Rigging at Public Foreclosure Auctions iehi-feed-57120 Fri, 03 Jul 2015 14:46:51 GMT Did The IMF Just Open Pandora's Box? Admits Greek Debt "Unsustainable" iehi-feed-57119 Fri, 03 Jul 2015 14:44:07 GMT China Could Come to Greece's Aid iehi-feed-57118 Fri, 03 Jul 2015 14:41:42 GMT The Smart Money is "Selling Everything That's Not Nailed Down" iehi-feed-57117 Fri, 03 Jul 2015 04:51:52 GMT Greek banks only have 500 million euros left iehi-feed-57116 Fri, 03 Jul 2015 04:06:21 GMT Credit Manipulator Sentenced to Prison for Mail Fraud iehi-feed-57115 Thu, 02 Jul 2015 22:12:28 GMT Swiss National Bank chief forced to quit because of wife's insider currency trading On Monday August 15, just weeks before Mr Hildebrand announced a major intervention to halt the dramatic rise of the Swiss franc, Mrs Hildebrand sold the franc and bought $504,000 (£309,531 based on sterling's value at the time).

This part of the article is particularly hilarious:

Any suggestion that such information was being leaked, enabling insiders to profit from their knowledge, would be disasterous for faith in a central bank's impartiality. For instance, the European Central Bank is clear that no conflict of interest is presented by the fact that Giacomo Draghi, the son of its president Mario Draghi, works as an interest rates trader in the London office of Morgan Stanley.

And the ECB is "clear" about this... how?

iehi-feed-57114 Thu, 02 Jul 2015 22:08:06 GMT NSA phone tap of Angela Merkel reveals she knew Greece's debt was unsustainable in 2011 iehi-feed-57113 Thu, 02 Jul 2015 20:33:59 GMT Dollar slips after U.S. jobs data signals later Fed rate hike iehi-feed-57112 Thu, 02 Jul 2015 20:24:58 GMT ECB Adds State-Backed Company Bonds to Its QE Purchase List iehi-feed-57111 Thu, 02 Jul 2015 14:01:04 GMT Defiant Varoufakis Says He'll Quit If Greeks Endorse Austerity Yanis Varoufakis - Why we recommend a NO in the referendum -- in 6 short bullet points]]> iehi-feed-57110 Thu, 02 Jul 2015 13:57:38 GMT U.S. Missed Chance to Stop Greek Negotiation Breakdown iehi-feed-57109 Thu, 02 Jul 2015 13:52:05 GMT Greek debt crisis: In Athens, scavenging from bins has become a way to survive iehi-feed-57108 Thu, 02 Jul 2015 13:48:15 GMT Reactions to June Jobs Report: "OK" If You Believe the BLS Unemployment Stat (Which Most No Longer Do) iehi-feed-57107 Thu, 02 Jul 2015 13:41:12 GMT Sweden Deepens Negative Interest Rates to Curb Gains in Krona iehi-feed-57106 Thu, 02 Jul 2015 00:54:35 GMT Greece crisis: Eurozone rules out talks until after referendum