Follow
____________________________
____________________________
Danielle’s Book
Media Reviews
“An explosive critique about the investment industry: provocative and well worth reading.”
Financial Post“Juggling Dynamite, #1 pick for best new books about money and markets.”
Money Sense“Park manages to not only explain finances well for the average person, she also manages to entertain and educate while cutting through the clutter of information she knows every investor faces.”
Toronto SunSubscribe
This Month
Archives
Log In
Monthly Archives: September 2014
Stock market headed for Minsky moment
“We’re still not wise enough to realize that our current model is a ‘Ponzi’ scheme rushing toward its inevitable ‘Minsky moment’,” Steen Jakobsen, a chief economist at Danish investment bank Saxo Bank, said in a research note on Friday. Here … Continue reading
Posted in Main Page
Comments Off on Stock market headed for Minsky moment
Cohan: “Fed exists for the benefit of Wall Street”
More honest comments about investment banking. Bloomberg Contributing Editor Bill Cohan discusses risk taking and incentives on Wall Street. Here is a direct video link.
Posted in Main Page
Comments Off on Cohan: “Fed exists for the benefit of Wall Street”
Must read: Preventing Economists’ Capture
Further to the glaring capture of the Fed and regulators by the large investment banks, yesterday I read a very important paper by professor Luigi Zingales documenting similar capture among finance and economic academics. The paper is long and detailed, … Continue reading
Posted in Main Page
Comments Off on Must read: Preventing Economists’ Capture