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John Bird and John Fortune (the Long Johns) brilliantly, and accurately, describing the mindset of the investment banking community in this satirical interview.
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Jan 23 - What began as a US housing problem mushroomed into a crisis that shook stock markets around the world.The global nature of this week's stock market plunge debunks the theory that foreign investors are immune because the U.S. economy is "decoupled" from Europe and Asia. Quite the contrary, says Goldman Sachs International vice chairman Robert Hormats: "It's a recoupling of sorts."
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http://www.informedt rades.com
The first lesson in a three part mini course on intermediate topics relating to the subprime financial crisis. In this lesson we cover the basics of what are off balance sheet entities?
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In this Special Report, Knowledge@Wharton finds that the credit crisis was triggered when Wall Street alchemists, overeager borrowers and aggressive lenders let their eye for opportunity trump their nose for risk. New regulations might prevent a recurrence -- but so would diligent decision-making.
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http://www.todaysfin ancialnews.com -- And you thought this year was bad? Mike Burnick, editor of Market Shock Trader, dishes the dirt on the Wall Street kings.
To read the latest FREE TFN Hot Stock Pick of the Week Research Report, please follow this link:
http://www.taipan financialnews.com/in ternational-investin g-1107.html
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The bicameral Joint Economic Committee is currently holding a hearing, "Evolution of an Economic Crisis?: The Subprime Lending Disaster and the Threat to the Broader Economy." Dr. Robert J. Shiller, Stanley B. Resor Professor of Economics at Yale University, testifies.
RBS in talks to sell ABN assets to National Australia Bank; Ge to sell Japan consumer finance units to Shinset, people say; Fortis chief faces pressure as board holds meeting; U.K bank want more liquidity help from BOE, Telegraph says; U.K homebuilding in
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http://www.todaysfin ancialnews.com -- Has the subprime crisis run its course by now or will mortgage resets make for continued downside pressure in the markets?
To read the latest FREE TFN Hot Stock Pick of the Week Research Report, please click here/follow this link: http://www.taipanfin ancialnews.com/inves tinginwaterWMP091307 .html
National Life Group Launches ExperienceRetirement.com, an Interactive ... ... Montpelier, VT -- National Life Group recently launched its new consumer retirement resource website, ExperienceRetirement.com. This interactive and easy-to-use site is focused on the retirement planning needs for not only the baby boomer market ...
A New Book From the Bogleheads - US News and World Report In 2006 came The Bogleheads’ Guide to Investing . Now, the online index-investing community has another book in the works. Tentative title: The Bogleheads’ Guide to Retirement Planning. In a recent announcement on the Bogleheads’ website, Mel ...