Archive for the ‘Bank Management’ Category

The Coming Financial Lockdown

Sunday, April 6th, 2008

Time to talk about what the Feds are going to do about this crisis. The New York Times, that reliable barometer of what the liberal elite would like to do, has opined. No reason, then, for each of us not to put in our two cents. That’s the joy of ...

The Subprime Mortgage Crisis: A Personal Journey. Part 1

Tuesday, January 22nd, 2008

As I watch the sorry sight of the collapse of the mythical global regulatory structure known as the Basle Accords I & II, my mind constantly wanders back to an ironic episode in my personal struggle for banks’ “right” to act like private profit-makers in a regulation-bound environment. Never ...

Rodney Adler Exits Prison a Better….Nah.

Thursday, December 6th, 2007

Rodney Adler has got to be one hell of a salesman. Having lost millions for investors in shares he sold them, and having sold Boards of Directors on pay packages of enormous size on the eve of three corporate collapses, he’s back from jail to sell us something else. Himself. Adler ...

Warren Buffett: If You Need Me, Just Call Me

Thursday, December 6th, 2007

This week it was announced that Warren Buffet is giving testimony in a trial involving 4 executives of General Reinsurance (Gen Re) an insurance subsidiary of Berkshire Hathaway, Buffett’s primary investment and management company, and one executive of American International Group (AIG) another enormously successful insurance company once managed by ...