Archive for the ‘Games Bankers Play’ Category
Friday, April 11th, 2008
The financial pages are a rich source of comedy, but it was with extraordinary hilarity that I observed today that Lehman has wasted no time standing on ceremony. It’s back to business as usual for them. Nose to the old grindstone.
Recently the Federal Reserve, in a move, the papers said, ...
Posted in Games Bankers Play, The Banking Crisis, Markets Matter | No Comments »
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 ...
Posted in Games Bankers Play, Bank Management, Polticial Decisions Affecting Banking | No Comments »
Thursday, February 28th, 2008
ABC Learning Corp. has in the last few days taken on a new curriculum: teaching Austalia’s children about modern corporate finance. Topics include corporate governance, corporate disclosure, insider trading, corporate leverage and prudent expansion. This is what media tells us we may now be teaching our kiddies about corporate finance.
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Posted in When Big Kids play in the Sandbox, Australia, Games Bankers Play | No Comments »
Thursday, February 21st, 2008
Circular Jerkularity is the technical term for a hitherto unheralded financing technique practiced by Rating Agencies, Insurers of Subprime Mortgage Conduits such as MBIA, and traders of Credit Default Swaps (CDS) that has recently been a source of consternation among Wall Street firms and their clientele.
As the term suggests, this ...
Posted in Games Bankers Play, The Banking Crisis | No Comments »