Latest from Matt Taibbi and other links
Thanks to Barry Ritholtz, I came across this latest by Matt Taibbi (famous for his description of Goldman Sachs as vampire squid) on how the present democratic administration sold out to Wall Street. I...
View ArticleThe state of the union
Prof. Barry Eichengreen, in his recent column (‘Is America catching the British disease?’) on Project Syndicate, has compared the decline of the British empire and that of the US today. It is a good...
View ArticleVoices of hope
People vs. Goldman Sachs. Roger Lowenstein pre-judges the outcome. Carl Levin ‘disagrees‘ with him. The President of the Federal Reserve Bank of Kansas City Thomas Hoenig sees the Federal Reserve...
View ArticleKahneman and disbelief
I had written my MINT column today inspired by the four-part piece by Daniel Kahneman in Bloomberg. You can find them here. BTW, I do find www.bloomberg.com a good source of information, data, charts...
View ArticleBanking and other reading links
Deutsche Bank improves ratios not through disposal of assets but through models. Two excerpts from the forthcoming book by Prof. Anat Admati and Hellwig. Link to PBS Frontline documentary titled,...
View ArticleWhat chances do we have?
I slept well on Thursday night. Could have slept longer, had the early morning rains on Friday in Singapore not intervened. There should be a ban on thunders at 5 A.M. But, whatever residual sleep I...
View ArticleWe get the picture
‘JP Morgan caught in a swirl of regulatory woes’ [Link] ‘Clubby London Trading Scene Fostered Libor Rate-Fixing Scandal’ [Link] ‘How Wall Street defanged Dodd-Frank’ [Link] ‘There is no price the big...
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