The end of Detroit?

We thought, perhaps one of the big three will falter, but all three?? Surely the bankruptcy of one of them must help the other two? However, after greatly being hobbled […]

Recapitalize banks

Here is another take on the recapitalizing of the financial system we talked about earlier today. It’s a bit marred by ideology though, and runs some risks as a consequence.

Someone sees a good bargain..

Mark Mobius, emerging markets expert, managing a 30B Templeton fund. Valuations in emerging markets are considerably lower than those in many developed ones. But above all, it’s reassuring to read […]