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Monthly Archives: October 2017
Taleb: ‘Greenspan thought he had a magic wand’ now we have the moral hazard
Taleb offers some good first-hand historical perspective in this discussion, also some key points to understanding the genesis of our current free market-free mess. The Black Monday crash was 30 years ago this week. “Black Swan” author Nassim Taleb was … Continue reading
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Poised for pain: who will buy, when the all ‘passives’ want to sell?
Some worthwhile big picture commentary in this segment. With sky high equity valuations, economic uncertainty, plus concerns over interest rates, central bank reactions and debt, the risks are rising. With a stellar cast, The Big Story – Edge of The … Continue reading
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CBC: Abacus bank: small enough to jail
This expose is disturbing and worth watching. The largest investment bank executives remain ‘too big to jail’ today, and are still queering, even writing, public policy in their favor, while effectively buying off the regulatory and legal response to their … Continue reading
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