Post Tagged with: "Gillian Tett"

Hugh Hendry ‘I would recommend you panic’

Below is a video of the conversation on News Night last night in the UK about the European Credit Crisis. Participants were Hugh Hendry, Gillian Tett and Jeffrey Sachs.

News from around the web: 2009-10-20

Android 2.0 gets Facebook integration and a car mode With the 4G iPhone coming, will it be enough? FT.com – Apple leaps ahead with 47% profits surge No one’s complaining about this, are they? RUMOR: Verizon and Apple Already Testing 4G iPhone Wow. I’d like to see this phone. Big news. AT&T is unhappy. FT.com

Weekend Links: 2009-09-19

FT Alphaville – Is all well at Wells Fargo? Wells Fargo is starting to pay for its tight-lipped limited disclosure policy. From Bear to Bull: James Grant on Recession and Recovery – WSJ.com I don’t agree with Grant , but here it is. "James Grant argues the latest gloomy forecasts ignore an important lesson of

Barclays and Protium: back to the future

I am astounded at how quickly we have returned to the pre-crisis days of yore. Credit spreads are down, the stock market is up, volatility is down, earnings are up and bonuses are up.  It looks like happy days are here again. But, I can’t help thinking this is all too much and too soon. 

News from around the web: 2009-09-11

Follow the money – BBC News "Find out how the money was spent and what it means for the taxpayers who have funded it" To the victors, the spoils: a post-Lehman scorecard | Reuters A year after their high-speed takeovers, Britain’s Barclays is confident it is on course to fulfill long-held ambitions now it has

Night time Links: 2009-08-28

FDIC: Failed Bank Information – Bank Closing Information for Affinity Bank, Ventura, CA As of July 10, 2009, Affinity Bank had total assets of $1 billion and total deposits of approximately $922 million. In addition to assuming all of the deposits of the failed bank, Pacific Western Bank agreed to purchase essentially all of the

News from around the web: 2009-08-08

The liquidity pipes remain clogged – Gillian Tett Parallels to Japan yet again As Economy Turns, Washington Looks Better – David Leonhardt, NYTimes.com Could July’s employment report be a boon for Obama? What If the Captain of the Titanic Managed to Get Three Quarters of the Passengers on Life Boats? – Dean Baker A different

Links: 2009-07-18

Peter Brimelow: Wall Street-Washington collusion? – MarketWatch Just my kind of article. Hat tip Marshall Auerback. Yao Ming likely out next season – NBA – Yahoo! Sports No Tracy McGrady or Ron Artest either Dismantling the Temple – William Greider The Fed is in deep trouble from the financial crisis. Hat tip Scott. America’s 10

Hugh Hendry: “China is Santa Claus”

In talking to the FT’s Gillian Tett, Hugh Hendry of The Eclectica Fund makes the hilarious metaphor of China as Santa Claus bringing gifts to a world constrained by excessive Western government debt issuance.  But, Hendry thinks the Asian surplus countries are the most exposed and most vulnerable because they are excessively dependent on foreign

Links: 2009-06-19

After Pilot Dies, Jet Lands Safely in Newark – NY Times EU sets basis for finance reform – BBC News "EU ministers have agreed in principle on a framework for enhanced oversight of the financial sector, with the UK winning key concessions to the plans." When it comes to global banks, size matters – Gillian

Fool’s Gold: Gillian Tett lectures on shadowy world of derivatives

From the London School of Economics website: Below is an audio recording of approximately 78 minutes where Gillian Tett takes us inside the shadowy world of complex finance and derivatives and explains how the business of slicing and dicing debt led us to the devastating global credit crunch. Gillian Tett has worked as a journalist

Links: 2009-05-02

Berkshire’s Munger Favors ‘100% Ban’ on Credit Swaps – Bloomberg.com Berkshire Hathaway Inc. Vice Chairman Charles Munger said he supports an outright ban of credit- default swaps to prevent speculators from profiting on the failure of companies. The Mess That Greenspan Made: Mortgage lender blowback I was wondering when the man with a tan was