Fri 2008-12-12 00:00 EST
Winter (Economic & Market) Watch >> Structural Changes in Banking; ``startling evidence as to the degree of financial deleveraging that occurred during the Panic.''
Sun 2008-11-23 00:00 EST
Microsoft Chief Counsel for Intellectual Property Strategy ``The Change We Need''; gatekeeper Google reaping economic rewards
Tue 2008-09-23 00:00 EDT
The Perilous Price of Oil, by George Soros - The New York Review of Books; ``prices in financial markets do not necessarily tend toward equilibrium...There is a two-way, reflexive interplay between biased market perceptions and the fundamentals, and that interplay can carry markets far from equilibrium. Every sequence of boom and bust, or bubble, begins with some fundamental change, such as the spread of the Internet, and is followed by a misinterpretation of the new trend in prices that results from the change. Initially that misinterpretation reinforces both the trend and the misinterpretation itself; but eventually the gap between reality and the market's interpretation of reality becomes too wide to be sustainable.''
Tue 2008-08-26 00:00 EDT
The End of the Beginning - Developments in the Credit Crisis, by Satyajit Das (Prudent Bear); 2008-05-27; ``limited recognition of the massive de-leveraging of the global financial system that is under way.'' ``The banking systems ability to supply credit is significantly impaired and will remain so for the foreseeable future.'' ``Changes in financial markets will have a significant impact on many companies that now rely on financial engineering rather than real engineering'' Das proposes: ``holdings and values of risky assets held by banks and investment banks must be accurately determined...Risky assets must be valued on a hold-to-maturity basis...Mark-to-market accounting should be suspended...Capital levels should be set on a bank-by-bank basis by regulators...Capital requirements should be eased...government [should] guarantee of all major bank liabilities''
Tue 2008-08-12 00:00 EDT
Jesse's Café Américain: Long Term Gold and US Dollar Charts; "doubt this is a major trend change...dollar is at serious resistance, and gold has strong support"
Wed 2008-06-11 00:00 EDT
Jesse's Café Américain: What is Really Spooking Wall Street - Policy Change is in the Wind; Joseph Stiglitz on rethinking growth; Jesse: we have ringside seats to history...times of change and crisis are times of volatility, fresh trends, and opportunity
Jesse's Café Américain; policy changes; Really Spooking Wall Street; wind.
Sat 2008-04-12 00:00 EDT
Hillary's Flimsy Case, by Matt Taibbi, Rolling Stone; Obama "running as a symbol of a new politics...But if it were to get out that he's not that...then he quickly morphs into a different kind of symbol, a symbol of how an essentially bankrupt political system can seamlessly repackage itself to a fed-up marketplace by making cosmetic changes, without altering its basic nature." "In American politics, always look for the worst possible scenario to emerge triumphant"
Fri 2008-03-28 00:00 EDT
by Rob Johnson and Robert Borosage; "market fundamentalism that has dominated our economics over last three decades has been unmasked as a sham"
Fri 2008-03-28 00:00 EDT
Ten Days That Changed Capitalism, by David Wessel, WSJ.com; "U.S. government discarded a half-century of rules to save American financial capitalism from collapse"
capitalism; com; WSJ.
Sat 2007-12-29 00:00 EST
Mon 2007-11-05 00:00 EST
Road to Ruin: Credit Bubble Bulletin, by Doug Noland; "subprime and the SIVs were peanuts in comparison to the CDO market. Well, the CDO marketplace is chump change compared to Credit Default Swaps and other over-the-counter (OTC) Credit derivatives that...have never been tested in a Credit or economic downturn"; CDS debacle looming
Wed 2007-09-26 00:00 EDT
Between The Lines > Is The Fed Flushing Out The "Excess Credit" Demons? by Aaron Krowne; reserve requirements relaxation by Fed more important than rate changes
