Thu, May 26, 2011 NEWS&OBSERVER Srinivasan Krishnamurthy and Richard S. Warr are both associate professors of finance in the Poole College of Management at N.C. State University. Is speculation the reason for oil price hikes? BY SRINIVASAN KRISHNAMURTHY AND RICHARD S. WARR Published in: Other Views RALEIGH There’s been some speculation lately that Wall Street […]
IS SPECULATION THE REASON FOR OIL PRICE HIKES? Read More »
APRIL 23, 2011 By TOM LAURICELLA The U.S. dollar’s downward slide is accelerating as low interest rates, inflation concerns and the massive federal budget deficit undermine the currency. With no relief in sight for the dollar on any of those fronts, the downward pressure on the dollar is widely expected to continue. The dollar fell
DOLLAR’S DECLINE SPEEDS UP, WITH RISKS FOR U.S. Read More »
SeekingAlpha.com | by: Ananthan Thangavel April 19, 2011 | about: GLD Over the weekend, an announcement was made that the University of Texas endowment fund had decided to take delivery of $1 billion worth of gold. This was an absolutely huge development on multiple fronts. First, the UT endowment fund’s gold purchase was a radical deviation
UNIVERSITY OF TEXAS’S GOLD BUY IS A GAME-CHANGER Read More »
MARCH 31, 2011 An assault on Estonia in 2007 disrupted banking and other services for over a week. By WARREN GETLER Last week, the European Union revealed that its headquarters had come under a major cyber attack, likely state-sponsored, on the eve of the EU summit. Earlier this month, the French announced that they had
ARE WE READY FOR A FINANCIAL CYBER ATTACK? Read More »
MARCH 19, 2011 Into the time machine to see how a major company coped with its black swans By HOLMAN W. JENKINS, JR. The following memo was unearthed as part of the litigation, now entering its 50th year, over the Great Japan Nuclear Incident of 2011. Addressed to General Electric’s then-CEO Jeff Immelt, the memo
WHAT GE WAS THINKING IN 2011 Read More »
MARCH 19, 2011 Hedge-fund manager Paul Singer recognized the risks of subprime mortgages and bet against them. Now he warns that monetary policy could cripple American banks again. By JAMES FREEMAN At the height of the housing bubble, hedge-fund manager Paul Singer was shorting subprime mortgages. By the spring of 2007, he was warning regulators
MEGA-BANKS AND THE NEXT FINANCIAL CRISIS Read More »
MARCH 17, 2011 Who can blame consumers for holding back when 50 million Americans depend on taxpayer-supported programs? The modern-day soup line is a check in the mail. By MORTIMER ZUCKERMAN There’s an acidic remark by Dorothy Parker, the New Yorker wit of the 1920s, that just about sums up our present economic predicament. She
THE ANEMIC RECOVERY CONTINUES Read More »
Frank Roche February 15, 2011 ONE WORLDERS AND SUPPORTERS OF BIG GOV’T SMILING TODAY Another emblematic national asset is about to fall under the control of foreign nationals. The New York Stock Exchange (NYSE) is being taken over by the German stock exchange, Deutsche Boerse. The German group will take 60 percent control of the combined
