This speaks for itself.
Clean Energy Funding Trumps Fossil Fuels - Green Inc. Blog
2 weeks ago
Showing posts with label finance. Show all posts
Showing posts with label finance. Show all posts
06 July 2009
24 November 2008
Debating the Bailout
Paul Krugman's Bailout Dissent - Media Column - Howell Raines - Portfolio.com
An interesting piece from Portfolio that looks at Krugman's prescience in arguing for real nationalization through the treasury's acquisition of equity stakes in struggling institutions. Makes a LOT more sense to me than much of the activity in the last 2 months. It worked in Sweden once before, as well as elsewhere.
An interesting piece from Portfolio that looks at Krugman's prescience in arguing for real nationalization through the treasury's acquisition of equity stakes in struggling institutions. Makes a LOT more sense to me than much of the activity in the last 2 months. It worked in Sweden once before, as well as elsewhere.
Epic Saga
FT.com / Weekend / Reportage - Letter from Iceland
An informative, heart-wrenching article about the fallout from the global financial crisis in Iceland. In small economies around the globe, this is what all these headlines really translate to.
An informative, heart-wrenching article about the fallout from the global financial crisis in Iceland. In small economies around the globe, this is what all these headlines really translate to.
17 March 2008
What is Bear worth?
Hands down best quote of the day, in follow up to: "Just goes to show that the best thing to be during a crash is a buyer."
What is Bear worth? | Free exchange | Economist.com: "'Potter isn't selling; Potter's buying.'"
What is Bear worth? | Free exchange | Economist.com: "'Potter isn't selling; Potter's buying.'"
Regulation
Interesting... we may have witnessed quite a turning point in the policy environment with the somber events of this past weekend.
Bear Stearns | Bear’s pits | Economist.com: "The Fed’s decision to introduce loans to brokers as well as regulated banks marks a significant shift in policy, and raises the question of whether the former should now be subject to more stringent regulation in return. But the Fed’s widening role is a sign of its fears that other pins might fall. Merrill Lynch looks decidedly wobbly. Lehman has lots of toxic mortgage securities on its books. Lehman's shares plunged on Monday morning but it is not the only one facing trouble. All the other big investment banks will be under intense funding pressure in the coming days. And when trading partners start to pull away, a rapid chain reaction can begin. In effect, with Bear Stearns being sold for such a low price, including its valuable office property, the price of the securities portfolio is zero."
Bear Stearns | Bear’s pits | Economist.com: "The Fed’s decision to introduce loans to brokers as well as regulated banks marks a significant shift in policy, and raises the question of whether the former should now be subject to more stringent regulation in return. But the Fed’s widening role is a sign of its fears that other pins might fall. Merrill Lynch looks decidedly wobbly. Lehman has lots of toxic mortgage securities on its books. Lehman's shares plunged on Monday morning but it is not the only one facing trouble. All the other big investment banks will be under intense funding pressure in the coming days. And when trading partners start to pull away, a rapid chain reaction can begin. In effect, with Bear Stearns being sold for such a low price, including its valuable office property, the price of the securities portfolio is zero."
02 February 2007
Finance History Lessons
FT.com - The dream machine: invention of credit derivatives
This may or may not be free for non-subscribers. If you can't read it, I suggest withdrawing whatever money you're currently spending on any periodicals that are not the FT of the Economist and subscribing (yes, I'm including the WSJ in the rubbish heap).
Anyway, this is a rather well written, humorous, and (for me) deeply interesting narrative about how JPM bankers essentially created the credit derivatives market. While Goldman may have been lauded on the cover of the Economist for the survey on risk, JPM has certainly contributed its fair share to the revolution in risk management through such innovations. Worth a read!
This may or may not be free for non-subscribers. If you can't read it, I suggest withdrawing whatever money you're currently spending on any periodicals that are not the FT of the Economist and subscribing (yes, I'm including the WSJ in the rubbish heap).
Anyway, this is a rather well written, humorous, and (for me) deeply interesting narrative about how JPM bankers essentially created the credit derivatives market. While Goldman may have been lauded on the cover of the Economist for the survey on risk, JPM has certainly contributed its fair share to the revolution in risk management through such innovations. Worth a read!
23 January 2007
McKinsey's Prescription for NYC
Courtesy of FT.com, here is a link to McKinsey's report commissioned by Mayor Bloomberg to restore NYC's competitiveness in the global arena for financial services. In a winner-take-all economic battle, my emotions lie with London, but rationality encourages my allegiance to NY's continued competitiveness. Thankfully, I don't think the situation is quite such a zero-sum game, especially since NYC finds the greatest volume of its business in domestic concerns and London, in international ones.
Sustaining New York's and the US' Global Financial Services Leadership
I haven't had a chance to skim this yet, but I'm looking forward to paging through it over the next several days.
Warning to those with a slow connection: link opens directly into a 100+ page pdf!
Sustaining New York's and the US' Global Financial Services Leadership
I haven't had a chance to skim this yet, but I'm looking forward to paging through it over the next several days.
Warning to those with a slow connection: link opens directly into a 100+ page pdf!
Subscribe to:
Posts (Atom)
