Financial Markets

Random musings on global financial markets, technology, physics and geopolitics

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Entries from October 2008

Risk : Markets and Models

October 20th, 2008 · No Comments · Markets

A perspective on risk  written in 2001 by Emanuel Derman, MD, Firmwide Risk, Goldman Sachs, & CO.

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Cox on the Credit Default Swap market

October 20th, 2008 · No Comments · Markets

Chairman Chris Cox is far too late in discovering, managing and regulating this market; a very costly mistake for the financial markets and the world:     October 19, 2008 OP-ED CONTRIBUTOR Swapping Secrecy for Transparency   By CHRISTOPHER COX   Washington THE historic volatility in the financial markets has raised important questions about the lack of meaningful […]

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Spreads on Credit Derivative Swaps

October 19th, 2008 · No Comments · Markets

A nice graphic . .   :

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Warren Buffett – Buy American. I Am.

October 19th, 2008 · 1 Comment · Markets

Excellent advice; I agree :   October 17, 2008 OP-ED CONTRIBUTOR Buy American. I Am. By WARREN E. BUFFETT Omaha THE financial world is a mess, both in the United States and abroad. Its problems, moreover, have been leaking into the general economy, and the leaks are now turning into a gusher. In the near term, […]

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US Equity Markets – Oct 1 to 17 2008

October 19th, 2008 · No Comments · Markets

The S&P500 futures posted a major low around 9:15 CST on Friday October 10, 2008 of 837.00. The alltime high was 1586.75, almost exactly a year ago October 11, 2007. The low is 52% of the high – a sobering fact !

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Russia – government, business and gangster capitalism

October 19th, 2008 · No Comments · Geopolitics, Markets

Russia is not covered well by the Western media: Oleg Deripaska: A will of iron made him the aluminium king A night aboard his yacht has proved tempestuous for Lord Mandelson, but then the richest of all Russian oligarchs  didn’t get to the top of the post-communist heap by being a soft touch, says William Langley […]

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The new News process

October 14th, 2008 · No Comments · Media

Jeff Jarvis has been at the forefront in shaping the discussions about the new News process – why the old process – controlled, centralised – died about 5 years ago. Stimulating presentation.

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Rating agencies . . . a weak link

October 12th, 2008 · No Comments · Markets

Ratings agencies need a complete overhaul: Moody’s Dangerous Aggression by: Vikram Saxena October 12, 2008 | about stocks: MCO / MS     Moody’s might be coming down hard on banks during this period to restore some confidence in the value of their ratings. However, the timing of these actions was egregiously inappropriate, bordering on the […]

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US Securities Markets – weekly chart

October 12th, 2008 · No Comments · Markets

A major down move this week . . . key global players meet this weekend to act . .  stay tuned ! Berlusconi Says Leaders May Close World’s Markets (Update1)  By Steve Scherer Oct. 10 (Bloomberg) — Italian Prime Minister Silvio Berlusconi said political leaders are discussing the idea of closing the world’s financial markets while they […]

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Secretary Henry M. Paulson, Jr. on Financial Markets Update

October 8th, 2008 · No Comments · Markets

Read the original and skip the media “empty-suits” opinions: October 8, 2008 hp1189 Statement by Secretary Henry M. Paulson, Jr. on Financial Markets Update Washington, DC– Good afternoon. Last Friday Congress finalized and President Bush signed into law the bipartisan Emergency Economic Stabilization Act. The EESA provides the Treasury, the Federal Reserve and the FDIC with […]

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