Monthly Archives: September 2008

Crisis on Wall Street

A panel discussion with Princeton economists, who will review recent events on Wall Street and assess their implications for the economy and public policy. Slides presented by Hyun Shin – Crisis on Wall Street Slides presented by Markus Brunnermeier – Thoughts on a New Financial Architecture Slides presented by Harrison Hong – How We Got [...]

Rolling Assets OverNight

When volatility is high, equity is low, and the dilution effect is soaring short term financing is harder to get and the roll over ends. Margins erode the capital base and equity shrinks and if Brokers and Dealers cannot get a capital infusion they are forced to sell assets at fire sale prices. This loss [...]

Financial Institutions – 360 Degrees

During the past few weeks I have carried out a rigorous and methodical analysis of the financial industry. The following spreadsheet contains the analysis of the most venerable banks, insurance companies; financial services companies that make up the U.S. financial system. Among others, the spreadsheet covers 779 U.S. financial institutions. Financial Institutions Spreadsheet Before investing [...]

Oracle Of Omaha

A single conversion with Mr. Warren Buffett can be better than ten years of study. Possessed of an encyclopedic knowledge of the corporate world. A razor sharp business man, a genuine leader, gifted at bringing out the very best in others. An awesome ability to illuminate the most complex economics concept to colleagues, students, and [...]

Lehman Largest Unsecured Claims

Lehman has officially filed for bankruptcy protection, becoming the second major Wall Street firm to disintegrate under the weight of the deepening credit crunch. In the bankruptcy filed, Lehman listed Citigroup among its biggest unsecured creditors, with about $138 billion in bonds as of July 2. The Bank of New York Mellon Corp. was listed [...]

State Oil Report (Spanish-July 2008)

En el presente trabajo tratamos de explicar el daño que hacen los Especuladores Financieros a los precios de los productos agrícolas y de energía, negociados en las bolsas bursátiles de intercambio de futuros. Los Especuladores Financieros son inversionistas institucionales como los Hedge Funds, Fondos de Pensiones Públicos y Privados, Fondos de Riquezas Soberana, Fondos de [...]