Tag Archives: banks
The Fear is More Than Political
As the global business press awaits a confirmation that Ireland will accept a bailout (cough, cough – ‘loan’) from the IMF, many arguments, both for and against are being bandied about. Of course the notion of sovereignty runs deeply through … Continue reading
What does the Greek debt mean for Europe?
While protests continue in Athens and elsewhere, the Greek financial ‘tragedy’ is causing many analysts to wonder what the repercussions will be for the rest of Europe. The reasons behind the debt are many: poor public spending by less than … Continue reading
Filed under Banks, Finance, Global Markets
Warren Buffett Fights in Goldman’s Corner
There is no doubt that a suitable scapegoat for the economic meltdown is still being searched for. With Goldman Sachs being raked over the coals, someone who has a bit of influence in the business community thought it necessary to … Continue reading
The Peanut Gallery is Watching, Waiting
One of the most read, recent articles in the business section of UK newspaper, The Guardian, is by Will Hutton. In his piece, entitled, “Now we know the truth. The financial meltdown wasn’t a mistake – it was a con,” … Continue reading
Filed under Banks, Finance, United Kingdom, United States
Drowning, Not Waving
A new book written by a Boston University Economics professor, Larry Kotlikoff, argues banking reform has to happen quickly and comprehensively or we’ll be like “Germany in 1920.” While most governments in the West have been debating wide-spread regulatory reform, … Continue reading
Filed under Global Markets, High Finance, politics
Last of the Cowboy Bankers
I’m struck by the newfound transparency that many financial institutions are forced to embrace, since the sub-prime fiasco began. Now, if you’re a businessman or an economics major, or even a very attuned political aficionado, what governments and investment banks … Continue reading
Filed under Business Commentary, High Finance
Paint It Black
One of the more interesting (entertaining) fracas in recent months is the Citigroup/ Guy Hands/EMI debacle. Here’s a chap who made a lot of money running an investment business, with a large enough ego to think that he could turn … Continue reading
Filed under Business, Business Commentary, business news, High Finance
Where did it all go wrong?
In October of last year, filmmaker Charles Ferguson released a documentary in the Michael Moore vein about the 2008 financial crisis. Inside Job is the title of the film (trailer below), narrated by Matt Damon, and includes a mélange of … Continue reading →
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Filed under Commentary, Economy, Finance
Tagged as banking, banks, film, Inside Job, review