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Investments around the world. |
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House prices are falling even faster than during the Great DepressionNov 30, 1999
The Economist puts up the sentence (headline) and the chart of the day in this article on housing prices.
End of the World TradeNov 30, 1999
I asked one investment banker what might cause half of North America’s top corporations to default. No ordinary economic recession or natural disaster short of an asteroid strike could do it: no hurricane, for example, and not even ‘the...
End of the World TradeJul 2, 2008
I asked one investment banker what might cause half of North America’s top corporations to default. No ordinary economic recession or natural disaster short of an asteroid strike could do it: no hurricane, for example, and not even ‘the big one’,...
Insurers to Banks: Swap Guarantees for NothingJun 24, 2008
Let’s say you file a claim with the insurance company after a disaster. Instead of getting a check, the insurance company tells you that it would prefer NOT to pay the claim since that would put the insurance company in a precarious financial...
"Should Analysts Who Don't Own Stocks Be Trusted?"Jun 17, 2008
Remove the part about “Who Don’t Own Stock” and you’ve got a legit story. Another silly rule designed to prevent conflicts makes analyst guesses less trustworthy.
You’ve almost certainly seen it: Every time an analyst on CNBC comes on to talk about a...
"The Criminalization of Failure"Jun 16, 2008
Great John Carney post at Dealbreaker.com. The cure is worse than the problem:
“Of course what’s really happening here is that the hedge fund managers are taking the fall for the collapse of Bear, and the even broader reverberations from that,...
Protectionism for Profit – Now Doctors get in on the RacketJun 13, 2008
How can doctors get fat off the tax payer if the tax payer has a choice? MD lobbyists are preemptively shoring up their bottom line under the guise of safety. Add this to the existing list of readymade excuses to steal from the tax payer whose greatest...
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