Ireland’s speculative mania
Some light reading for the long Easter weekend.It’s the report by Peter Nyberg, former International Monetary Fund economist and senior Finnish government official,...
Why Can’t the Banks Break Up Themselves?
Filed under: Citigroup Inc. (C), JPMorgan Chase (JPM), Bank of America (BAC), Goldman Sachs Group (GS), Wells Fargo (WFC), Financial Crisis
While we wait for details on the president's plan to break up the banks, I...
Buffett’s star shines brightest among world’s financial gurus, poll shows
Filed under: Forecasts, Products and services, Competitive strategy, General Electric (GE), Berkshire Hathaway (BRK.A), ConocoPhillips (COP), Goldman Sachs Group (GS)
The housing bubble and subsequent "Great Recession" have tarnished the stars of a good many...
Government banking Irish edition
The Irish government today announced that, if necessary, it is prepared to take majority shareholding in ailing Irish banks. However, it has ruled out full-scale nationalisation. But, what is a majority share by government except nationalisation?
This is a duplicitous parsing of words that hides a more sinister interpretation of what is happening in Ireland.
Here’s what...
