Free Cash at Your Door

Looking at the last line of Republican attempts to prevent the passage of legislation that will finally provide the richest country in the world that will include 36 million Americans in a system of care seeking behavior, we measure the chasm that separates the two American political parties. Their last effort was to use the [...]

Hedge funds are opaque and hedge funds, which can live only if they receive funding from their bank, in the form of credits. This business of “prime brokerage” has expanded greatly and was severely mistreated during the financial crisis. Investment banks have seen their customers to leave shelter risks of these brokers and take refuge [...]

Upon landing last night after a business trip of ten days in China and Japan, the news of the continuation of Goldman Sachs for its role in Collateralized Debt Obligations (CDOs) reminds me a financial reality. Certainly, the Honorable banking seems to have succeeded in becoming the epicenter of the earthquake that devastated Wall Street [...]

Hybrid core capital, equity loans, equity securities, guarantee certificates, etc… – Banks’ capital and the many capital concepts are not always easy to keep track of. And it applies not only to bank customers and a private man. This applies also for economists, lawyers, and in some cases the banks themselves. Recently, the FSA thus [...]