Today’s most shared: Matt Taibbi’s latest ‘vampire squid’ screed – people who don’t understand finance and people who understand nothing but finance talk past each other. Subprime deals are back. Focus on crippled banks ignores today’s private equity and hedge … Read more
Leave a CommentToday’s most shared: Cable mega-merger: Why Comcast wants TWC, and why the deal should be blocked. Banking culture, or the lack thereof…values of hungry, disparate fiefdoms outweigh judgment and prudence. Lack of international coordination makes Fed the reluctant liquidity provider … Read more
Leave a CommentToday’s most shared: As the punch bowl gets taken away, the revelers start to worry about the hangover. How the SEC created the world of HFT and flash crashes. Icahn declares victory in Apple foray. Did he achieve anything, or … Read more
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Portfolio hedges don’t come cheap, but we shouldn’t confuse those costs with the vehicles that make hedging possible. Volatility has been written about as an asset class at least since the early 2000s, but not until VIX futures and exchange-traded products … Read more
3 CommentsToday’s most shared: SEC wants to review exchanges’ regulatory powers, conflicts of interest. Emerging markets seen more resilient than in 1998. Banks abdicate credit analysis to markets. German courts, voters, and the euro. Ten financial strategies to avoid leaving money … Read more
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Today’s most shared: Banks and bribery in Beijing. German court deals blow to ECB’s OMT, and why Germans fear inflation more than cancer. Emerging markets hit once again by hot money flows. Is high frequency trading a form of cheating? … Read more
Leave a CommentToday’s most shared: Investors reverse course, exit stock funds for bond funds. Bankers say BOE told them front-running FX customers was OK. Trouble in Bitcoin world as largest exchange halts withdrawals, largest wallet target of thefts. Apple’s big share repurchase. … Read more
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Here’s a sure-fire way to get gouged: Walk onto a car lot, ask a salesperson to point out the vehicle with the smoothest ride, then purchase that vehicle regardless of price. It sounds reckless, but this is not far from … Read more
Leave a CommentToday’s most shared: 17% of men, 30% of women in prime working years are not working. FX probe picks up steam amid mass exodus of senior traders. As banks delever, shadow banks step up to lend to mid-market corporate America. … Read more
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