Michael Lewis News
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European coal’s longest slump in at least eight years is poised to end as imports from the U.S. fall and further declines trigger production cuts at mines in Russia and Poland.
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Rates to transport dry-bulk commodities by sea will recover from unsustainable levels as fleet growth slows and demand advances on Asian exports and the U.S. economy, according to Deutsche Bank AG.
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Europe, which was overtaken as the largest importer of seaborne thermal coal by China last year, will cut consumption 26 percent by 2020 as power stations burning the fuel close, according to Deutsche Bank AG.
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Gold may need to fall to as low as $1,050 an ounce to bring its valuation versus other commodities such as oil and copper back to historical averages, Deutsche Bank AG said.
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Copper slumped into a bear market in London and New York, capping the biggest weekly drop in 16 months, on concern that slowing economies from China to the U.S. will reduce demand as supply of the metal expands.
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Lawyers for Michael Lewis, the author of “Liar’s Poker” and “Moneyball,” asked a judge to dismiss a lawsuit by a bond manager who claimed Lewis’s book about subprime mortgage investing, “The Big Short,” defamed him.
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Michael Lewis’s “Boomerang: Travels in the New Third World” begins with Kyle Bass, a Texas hedge fund manager who’s buying guns and gold bricks.
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With a device called ProCap, Bert Straus says he invented headgear that could reduce concussions in National Football League games. He never got the chance.
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Twenty years ago, when I worked at Salomon Brothers, every person on Wall Street had read two books: Frank J. Fabozzi ’s “Fixed Income Analysis” and Michael Lewis ’s “Liars’ Poker.”
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Charlie Rose, Sept. 13: Author and journalist Michael Lewis discusses his new article for Vanity Fair, "Obama's Way," the result of a six-month period that Lewis spent with the president.
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