Archive for 'Finance' Category
The Banking Crisis is over…
13 April 2009More quickly that it began, the Banking crisis is over screams the headline from this Time article. You might as well believe it now that the experts journalists have declared it over:
But, the great banking crisis of 2008 is over. It began last September 15 when Lehman Brothers filed for bankruptcy and bottomed when Citigroup […]
Popularity: 43% [?]
The shell game end game
13 February 2009We’re in the show your cards stage of the shell game that we’ve been playing for a while - the greater part of more than a decade. It feels like we’ve been played but that’s only because we’re not really the players - we’re the pawns in a high stakes game.
Consider one of the players […]
Popularity: 42% [?]
Exactly!!!
10 February 2009For what it’s worth - Exactly what I predicted in previous posts…
Geithner Unveils New Plan To Bail Out US Banks
House Democrats have been pushing for stronger lending conditions-as well a crackdown on executive pay-in the wake of criticism of former Treasury Secretary Henry Paulson’s administration of the TARP. That was seen as both too lenient […]
Popularity: 39% [?]
A glimmer of sense…
4 February 2009A glimmer of sense starts filtering through… Banks still tightening loan standards
The article suggests
Many banks have made it harder for borrowers to obtain all kinds of loans over the last three months despite a $700 billion federal bailout program and a flurry of other bold moves to stem the worst financial crisis to hit […]
Popularity: 39% [?]
Ponder this…
27 January 2009Something I ponder about as I survey the mess:
Strategic planning does not deal with future decisions. It deals with the futurity of present decisions. Decisions exist only in the present. The question that faces the strategic decision-maker is not what his organization should do tomorrow. It is, “What do we have to do today to […]
Popularity: 38% [?]
What is Credit?
29 December 2008Or why the credit crunch of recent times and its solution(s) seem rather off base:
“There is a strange idea abroad, held by all monetary cranks, that credit is something a banker gives to a man. Credit, on the other hand,is something a man already has. He has it, perhaps, because he already has marketable assets […]
Popularity: 38% [?]
Charting through the snow…
23 December 2008It is that time of the year where we chart through the snow… No, we never do that. But these are extraordinary times. So I share a couple of charts with you minus the commentary. The lack of commentary is part amazement and part “What the heck does this mean going forward?” - I’m working […]
Popularity: 31% [?]