❖ The UN General Assembly has finally approved “the first global arms trade treaty by 154 votes to three [Iran, North Korea, Syria], with 23 abstentions” including Russia and China.
❖ Nourished by Austerity, “Greece’s neo-Nazi Golden Dawn goes global with political ambitions.”
❖ Big turn of the old revolving door as Mary Schapiro, Chair of the Securities and Exchange Commission joins Promontory Financial, whose founder says “Mary is an outstanding advocate for investors”. While others are expressing some–ahem–concern, Yves Smith lays it all out.


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