Rajiv Chandrasekaran, former Baghdad bureau chief for the Washington Post, spent more than a year covering the American occupation of Iraq. His new book, Imperial...
Using the example of a U.S. bank funded with dollar denominated liabilities, that invests abroad by making pound sterling loans, I previously reviewed: 1. Un-hedged...
Yesterday I reviews Saunders' un-hedged bank: $200 million in U.S. dollar deposits fund investments which are split (50%/50%) between US dollar assets and British assets....