Article of the week (26/2009): The Science of Economic Bubbles and Busts
Posted on June 27, 2009 in Finance
This week’s article is The Science of Economic Bubbles and Busts by Gary Stix. Following is a small excerpt: It has all the makings of a classic B movie scene. A gunman puts a pistol to the victim’s forehead, and the screen fades to black before a loud bang is heard. A forensic specialist who traces the bullet’s trajectory would see it traversing the...
Read MoreArticle of the week (25/2009): Have stock markets run away from reality?
Posted on June 19, 2009 in Finance
This week’s article is Have stock markets run away from reality? by Prieur du Plessis. Following is a small excerpt: The predictions of the members of the Barron’s mid-year Roundtable discussion over the weekend were in agreement that the March lows of the stock markets would not be broken. This reminded me of one of the famous “Investment Rules” of Bob...
Read MoreArticle of the week (24/2009): Billionaire Tax Felon Says UBS Lied in Pledge to Report to IRS
Posted on June 13, 2009 in Finance
This week’s article is Billionaire Tax Felon Says UBS Lied in Pledge to Report to IRS by David Voreacos for Bloomberg. Following is a small excerpt: California billionaire Igor Olenicoff had already invested $200 million with UBS AG in 2001 when his Swiss bankers ushered him to an underground vault in Geneva. Olenicoff, a real estate developer with a taste for...
Read MoreArticle of the week (23/2009): The Crisis and How to Deal with It
Posted on June 7, 2009 in Finance
This week’s article is The Crisis and How to Deal with It with Bill Bradley, Niall Ferguson, Paul Krugman, Nouriel Roubini, George Soros and Robin Wells. Following are excerpts from a symposium on the economic crisis presented by The New York Review of Books and PEN World Voices at the Metropolitan Museum of Art on April 30. The participants were former...
Read MoreArticle of the week (21/2009): Joseph Cassano: the man with the trillion-dollar price on his head
Posted on May 31, 2009 in Finance
Tad bit late on this one but still valid: This week’s article is Joseph Cassano: the man with the trillion-dollar price on his head by Tim Rayment in The Sunday Times. Following is a small excerpt and link to the print friendly version of the article. I recommend reading the print friendly version since it’s easier to read instead of having to continuously...
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