Finance

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Deus Ex Macchiato

HRbots and the false comfort of quantification

One of my favourite cartoon characters is the evil HR director Catbert, from the Dilbert series. Catbert epitomises the Machiavellian intrigues and Catch 22s that epitomise the HRarchy. The character would be funny if she wasn't so accurate.Catbert i...

HRbots and the false comfort of quantification

One of my favourite cartoon characters is the evil HR director Catbert, from the Dilbert series. Catbert epitomises the Machiavellian intrigues and Catch 22s that epitomise the HRarchy. The character would be funny if she wasn't so accurate.Catbert i...

Oh I do love to be beside the sea side

Willem Buiter took a month off from his FT blog, and I think I am going to follow that lead, so expect something in September. Meanwhile, here's some coastline.

Oh I do love to be beside the sea side

Willem Buiter took a month off from his FT blog, and I think I am going to follow that lead, so expect something in September. Meanwhile, here's some coastline.

This collateral smells a bit off

From Bloomberg:The vaults of Credito Emiliano SpA hold the pungent gold prized by gourmands around the world -- 17,000 tons of parmesan cheese.The regional bank accepts parmesan as collateral for loans... [its] two climate-controlled warehouses hold ab...

This collateral smells a bit off

From Bloomberg:The vaults of Credito Emiliano SpA hold the pungent gold prized by gourmands around the world -- 17,000 tons of parmesan cheese.The regional bank accepts parmesan as collateral for loans... [its] two climate-controlled warehouses hold ab...

Excess Liquidity

Ian Campbell, on breakingviews.com, has a nice statement of a view I have had for a while.in their anti-deflationary fervour, central banks may be creating more money than depressed economies require. The surplus creates "excess liquidity" - which may ...

Excess Liquidity

Ian Campbell, on breakingviews.com, has a nice statement of a view I have had for a while.in their anti-deflationary fervour, central banks may be creating more money than depressed economies require. The surplus creates "excess liquidity" - which may ...

Monoline Death Watch

Felix Salmon discusses some recent JPM research on MBIA:in a note issued this morning they said that MBIA’s tangible book value is actually negative, to the tune of about -$40 per share.OK, the full article has some caveats. But the mere fact that a...

Monoline Death Watch

Felix Salmon discusses some recent JPM research on MBIA:in a note issued this morning they said that MBIA’s tangible book value is actually negative, to the tune of about -$40 per share.OK, the full article has some caveats. But the mere fact that a...

Reasons to stay flat?

From Morgan Stanley. I find this a reasonable one slide account of where the equity markets are, but that's just a personal take.

Reasons to stay flat?

From Morgan Stanley. I find this a reasonable one slide account of where the equity markets are, but that's just a personal take.