Applying ethics and everyday (and not so everyday) philosophy to markets, economics, investing and trading.
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Wolfensohn on Subprime
Published on 2008-04-01 09:48:00
Tonight, Kerry O'Brien interviewed James Wolfensohn, the former president of the World Bank. I found it quite interesting to hear his views on the subprime fiasco, as well as other matters, but especially the subprime issues and Greenspan. Also very interesting for anyone interested in the "decoupling" theory. Here is the transcript:KERRY O'BRIEN: After 10 years as World Bank president, and a year as special envoy to the Middle East for the so-called quartet: the UN, the European Union, the US a
Ben Bernanke Banking
Published on 2008-03-30 14:13:00
Bank customers queue round the block as cash machine pays out DOUBLE their money14:43pm on 19th March 2008Bank customers couldn't believe their luck when a cash machine began to double the money they requested.The faulty machine finally ran out of notes at about 8pm.Two for one: Customers queue outside the cash machine in Hull last night which paid out twice the amount requested before running out of cash"I parked up and learned that it was paying out double. I joined the queue and when I finall
Current Holdings
Published on 2008-03-30 13:08:00
Before I get into what I hold etc. again, I just want to express the thought that it might not be a good idea to be posting my trades. Simply because I don't have the time to be writing them in here as soon as I do them. Which to some, could be seen as hindsight trading. Not that I think this is true in this instance, because I do generally post my entries and exits on Aussie Stock Forums, mainly, just not regularly enough on here.However, soon, I want to start some experimental portfolios, whic
