Bank plan falls short again..
After all the right moves from the Fed, the Geithner plan is, well, not so good…
This really is curious..
Despite the crisis of unprecedented magnitude, it’s politics as usual in the US..
Dollar down, more to go?
It’s a law of supply and demand, if more are created so supply increases, it’s price should move down, right? Well…
The Fed’s bold move
Some rays of hope, the plot thickens…
Does the Fed read our blog?
Not likely, of course, but what they are doing now is exactly what we argued for some time…
Mintzberg on US management
Last week we wrote something on the role of short-term incentives in the financial crisis and companies as communities. Turns out much more illustrious people than ourselves are also arguing […]
Fun and Games: The end of teenage zombies
Remarkable. In a previous incarnation as university teacher, we (as night owls) tried to convince people of this, but all we got was laughter, yet we knew we were on […]
Long live conservative banks and conservative policies
More and more evidence that countries which have a tight grip on their financial system have fared better, much better, in the present crisis..
If you do what you always do…
You get what you always get. The Economist, not known for it’s left-wing views, argues (not for the first time) that this is exactly what happens with the “war on […]
Lack of regulation the cause of the crisis, says the IMF
Months ago, we wrote a host of entries here about insufficient regulation of the financial system, stemming from what we called ‘market fundamentalism’ (an ideology that sees free markets as […]