Krugman explains why the economists got it so wrong. (NYTimes) Financial bloggers: upgrade WordPress to avoid nasty worm. (Mashable) AIG selling asset management unit. (WSJ) Time for Wall Street to make a restitution (BrokeandBroker) Fidelity spiffs up its bond system (Barron’s sub. req’d) Deep thoughts from Black Swam capital (Pragmatic Capitalist) Historical lessons from disincentivizing [...]
Financial institutions filed nearly 13% more reports of fraud compared with 2007 (The Economist) Value stock screen for potential activist targets (The Manual of Ideas) Comparison of All-World ETFs (ETF Trends) I think this recession (and sluggish recovery) will continue to make history, and that most of these forecasts are actually too optimistic (Calculated Risk) [...]
by Zack Miller on May 19, 2009
I’m going to go out on a limb here and say that this financial crisis was totally avoidable. No, not the popping of the Greenspan debt bubble — that was inevitable — but the slamming of the stock market in its wake. This recession and destruction of financial firms was certainly probable – if not [...]
by Zack Miller on November 10, 2008
As first appeared on the American Express OPEN Forum Blog: I believe I have an interesting take on the current financial imbroglio we find ourselves in. I am both a small business owner and a financial adviser. So, while the stock market has taken a significant whacking including the largest American bank (WaMu), insurance firm [...]
by Zack Miller on November 1, 2008
The NYTimes.com had an interesting article today about forming a money club — “part debtors anonymous and part Weight Watchers.” Like investment clubs, these groups also address financial lifestyle, including managing debt and financial education. With many Americans suffering under the stress of too-large mortgages, too large a budget and a shrinking portfolio, it’s not [...]
by Zack Miller on October 28, 2008
Interesting conversation going on at the Future of Business Media (FOBM) going on this week. Today’s event focuses on the media’s role in the financial meltdown we find ourselves in today. In a world of 24-7 financial news, the media has gone from reporting the news from a birds-eye view of the events to actually [...]
by Zack Miller on October 6, 2008
It’s been brutal. Painful. Exhausting. This current imbroglio has hit everyone. While Lehman Brothers teetered, it sent into motion a violent downward spiral of almost all the financials. It seems like everyday there is another major financial institution making its way closer to financial amegeddon. Who’s next on the DL list? Check out Jodange. I [...]
by Zack Miller on September 23, 2008
Thinking about what’s happening in the market right now. I don’t want to wade into what the Treasury’s plan means for the market. Nor do I want to analyze the consolidation occurring in the Investment Banking industry. I’d like just to put some thoughts down on how current events may impact investment research going forward [...]