The Swedish Version of TBTF Tax
Today’s must read article is in on the Swedish model of crisis repair: “When it comes to rescuing banks, the Swedes are...
New Bank Regulations, No Proprietary Trading
Lots of stories below cover banking regulation. Here is a summary of what we know. No details have been released. As the Bloomberg...
Article on Sheila Bair by HuffPo Investigative Fund
January 22, 2010 Dear Colleagues: Several people have asked me about an article published by the Huffington Post Investigative Fund...
Have we learned nothing?
Whether the Volcker Rule becomes law one day or banks get broken up or bankers are forced to accept 5 figure paydays or long/short hedge...
WSJ Jumps the Shark
The politicalization of the WSJ has moved to a new and more risky phase. The paper is now in danger of being a money loser — not...
They Brought it Upon Themselves
Good Evening: U.S. investors spent a second consecutive day reacquainting themselves with the term “risk”. Since the past few...
Thursday reads
Off to an appointment, but before I head out, I had to share these eye catchers: • Volcker whacks Goldman Sachs (CNN) • Banks’...
On Financial Advisors Watching TV
I spoke at a conference recently at a major bulge bracket firm. A friend introduced me to a bond manager who runs an enormous amount of...
FT Interview: Brian Rogers, CIO T. Rowe Price.
click for video Part 2 is here > Source: Fund chairman flags up US equities Aline van Duyn FT, January 17 2010 19:35 | Last updated:...
Market Correction Underway
Since the lows in March 2009, the market has yet to correct 10%. In June, there was a 9% pullback, followed by a 6.5% pullback in...