Category Archives: Main Page

More big promises out of the EU central bank this morning have the risk trade soaring once again. Bullshit so far continuing to baffle brains and ignore math. It reminds us of how poor present plans are, when so many … Continue reading →

Credit Agricole Securities’ Mike Mayo (I mention Mike in my book as one of the few useful analysts on the Street) discusses Sandy Weill’s call to break up banks. Here is a direct link.

Sandy Weill has been named one of the top 5 architects of the financial crisis. As head of Citi in the late 90’s, Weill cobbled together the first great financial supermarket, Citigroup. Along the way, Weill’s acquisitions (Smith Barney, Travelers, … Continue reading →