A primer on the unique roles that banks and capital markets play in the efficient (and sometimes painfully inefficient) functioning of of modern society.
Tag Archives: finance
dead parrot of finance
As capital markets continue to increase in scale and scope, there is a natural...
ten market rules to remember
“Bob Farrell was a legend at Merrill Lynch & Co. for several decades. Farrell...
politico economicus
In the midst of a global financial pandemic, private enterprise finds itself under the...
multiplicity and complexity
“The human mind cannot grasp the causes of phenomena in the aggregate. But the...
next shoe to drop
With all eyes on traditional residential mortgages, analysts are now looking for clues in...
a great depression
Much like the Great War that preceded it, The Great Depression was never destined to be one-of-a-kind
oh canada
Currently the envy of Hank Paulson and virtually every Finance Minister around the globe,...
four one nine
See below for yet another in a series of elaborate digital frauds. Somewhat surprising...
command and control
As markets continue to reel from the too-little-too-late conservative ethos that is snaking its...
the price of liberty
Spending taxpayers money on a massive military offensive has its own unique economic consequences,...
in income we trust
Since their earliest days a rogue asset class — a breakaway tax haven from...