Philip Pilkington: Interest Rates and Animal Spirits – A Response to JW Mason
Clarifying what believing in risk versus uncertainty means for how you view the role of interest rates.
Read more...Category Archives: Risk and risk management
Amar Bhidé on How Following Hayek Leads to Regulating Banks Like Utilities, Looking Askance at Liquidity and Securitization
I highly recommend this short interview by John Authers of the Financial Times with Amar Bhidé, a professor at Tufts, in which he argues that a proper reading of Friedrich Hayek would lead to considerable skepticism about whether most of the changes in finance over the last three decades actually represent progress.
Read more...Banks Start Volcker Rule Blame Game
Nothing like being able to use something in the headlines to hide your real behavior. And even better if you can get a banking stalwart columnist to run PR for you.
Read more...Eric Ben-Artzi: How Risky is Citigroup’s New, Improved Version of a Once-Toxic Type of Synthetic CDO?
We are all still paying the price for the stream of ever more leveraged credit derivatives that fueled the world’s greatest credit bubble. It appears that some of these are attempting a comeback.
Read more...Speculation About Whether the Fed Manipulates the Stock Market Becoming More Mainstream
Even during the pre-Lehman days of the financial crisis (yes, Virginia, there were three acute episodes before the Big One), blogs and professional investors in my various e-mail conversations would discuss the idea that the Fed had a “plunge protection team” which would intervene to stem market routs.
Read more...CNI (UK) and its Lawyers Complain to Blogs, But Appear to Shy Away From the Daily Mail
CNI (UK)’s confusing attitude to its connections with Carbon Neutral Investments, service provider to carbon scams
Read more...The Wall Street Code: HFT Whisteblower Haim Bodek on Algorithmic Trading
Haim Bodek is a former Goldman and UBS trader, more recently the founder of his own trading firm, who has come firmly out against how stock exchanges work with high frequency traders. Readers spoke approvingly of this recently-released short documentary about his efforts.
Read more...Gemmax Solutions’ Belated Admission About Carbon Credits Bought by Retail Clients of Gemmax’s Brokers
Carbon credit clearer Gemmax Solutions admits that it can’t clear carbon credits, and hasn’t been able to, for nearly a year.
Read more...Paul Seakens of Gemmax Solutions Limited Takes an Idiotic Pop at “Naked Capitalism” and “redd-monitor”
Paul Seakens of Gemmax Solutions Limited Takes an Idiotic Pop at “Naked Capitalism” and “redd-monitor”
Read more...Surely the Lotus F1 Team Isn’t Just Slinking Quietly Away From Its Embarrassing Team Partner, AGT?
Lotus F1 quietly drop AGT from their Official Team Partner list just after Naked Capitalism tells the world that AGT’s a scam.
Read more...The UK Insolvency Service’s Oddly-Timed Carbon Scams Press Release Highlights Its Own Slow Response
A sceptical look at anti-carbon-scam enforcement activities in the UK.
Read more...Newcastle United FC, Bloodhound SSC, Glitz, Glam and Police Raids: a Last Look at the Remarkable Double Life of Carbon Neutral Investments Limited (CNI)
A last look at the lovely contact list of scammers’ friends, Carbon Neutral Investments Limited
Read more...The Lotus Formula 1 Team, Its Embarrassing Partner, Advanced Global Trading of Dubai, and Carbon Neutral Investments
On the Lotus Formula 1 team’s unfortunate entanglement with Advanced Global Trading of Dubai.
Read more...McLaren F1 & Jenson Button One Minute, Boiler Room Scams the Next: the Remarkable Double Life of Carbon Neutral Investments, Limited, (CNI)
Naked Capitalism notes that Carbon Neutral Investments, subject of a consumer warning by the UK’s FCA, has deals with Formula 1 teams McLaren and Sauber, Lord Heseltine’s publishing firm Haymarket, Newcastle United Football Club, and a host of PR and events companies, and wonders what the hell is going on.
Read more...Carbon Neutral Investments’ Trail of Disaster: How Carbon Credit Con Artists use Google Adwords to Work the Recovery Scam
Carbon Neutral Investments and the ‘recovery room’ scam
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