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Have you ever felt the wind playing posessingly along your neck?

That way it tickles the fine hairs. Of how just for a moment you are given the impression that you've been touched, that fingers have traced a line. . . is it some phantasm or something else entirely? Some intricate thing, faint wings, or maybe a passing wisp?

This is the feeling, the emotion left behind once you have been acquainted with Paper Lilies & Porcelain Butterflies, an impression as been left as though you have been touched without truly knowing by whom. . ., yet just for a moment there is a wondering...

When you deposit money into a bank, you understand that the bank lends it out. But what happens when hedge funds and massive investment banks pledge collateral-like Treasury bonds or corporate stocks-to secure a loan, and the lender then uses that exact same collateral to secure their own loan with someone else? This financial cloning process is known as rehypothecation, and it is the shadow engine of modern Wall Street liquidity.In the unregulated offshore markets, a single high-quality asset can be repledged multiple times, creating a towering, inverted pyramid of debt resting on a tiny...