Nicely ensconced atop the hubbub, sitting within the quite and privately-owned public space known as the Galleria Roof Garden, I once had a money manager say to me, we don’t have enough data. What he meant by that is that one hundred some-odd years of data about what happens inside […]
The LIBOR scandal has been brewing for a while now — five years by some measures. But it was just a month ago, on June 27, 2012, that Barclays, a British-based bank, settled with US and UK regulators to the tune of nearly half a billion dollars (“nearly” here represents […]
The Context: I initially published this piece as a group email in late mid-August of 2011. It was very much of-its-time, as the second week of August 2011 had been one of those high-volatility, big-fear, no-fun periods that happen in the financial markets from time to time (and, seemingly, from […]
Lennon’s loss, felt more strongly today because this is his 70th birthday, still haunts. Lennon was murdered (here the dreaded passive voice is the right one to use . . . ) just about a month after Reagan defeated Carter for the presidency. What would 30 years of Lennon’s music […]
Debate is heating up, pretty much to a boil, about whether our goose is just about cooked because we have too much debt, or whether our goose is just about cooked because we have too much unemployment. Well, at least everyone agrees that the goose is in the oven . […]