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Seen that? - Hope for Africa?
in Audeamus - How dare we..., on November 10, 2009
... Basically, yes, but there are very different stages of microfinance around the world. In the U.S., banks that provide small business loans are [...] Read More An Apology...and a Little ...
Seen that? - Big Sur Bonanza #2
in The Outdoor Weblog, on November 9, 2009
... more? Paul Miller, a Friedman Billings Ramsey banking analyst, has told Associated Press that more banks will be lining up because the finance sector needs $1.2 trillion in capital. As journalist Dav...
Goldman Sachs and God
in Sox First, on November 9, 2009
...t’s a virtuous cycle. We have a social purpose." A social purpose? This is a spokesman for the banks that have destroyed so much wealth, that have put people out of work and have the left the global ...
Unemployment and the failed stimulus
in Sox First, on November 7, 2009
...anies building renewable energy projects in the United States — mostly wind projects and overseas banks are seeking to reimburse themselves with money from the package. The Economist says things w...
Big profits: How Goldman Sachs bet on the US housing crash
in Sox First, on November 5, 2009
...naging executive of the SEC's enforcement division and then of course, there was the bailout of the banks engineered by former Goldman Sachs manager Henry Paulson. The richest people in the United Sta...
India goes for gold: dollar to lose out
in Sox First, on November 4, 2009
...billion for IMF gold , giving its bank the about the tenth largest gold holdings of all the central banks. At the moment, gold now makes up about 6% of India's foreign exchange reserves. You can bet...
Waiting for the crash
in Sox First, on November 2, 2009
...ersary of the stock market crash. October 29, 1929, or "Black Tuesday" was the day that resulted in banks collapsing and the once-roaring US economy sinking into the Great Depression. As we think bac...
Commercial real estate: an accounting shell game
in Sox First, on November 1, 2009
...ming now is the directive from the Federal Deposit Insurance Corporation saying examiners can let banks off the hook for non-performing commercial real estate loans. The directive says: "Financial i...
Seen that? - An introduction to thin provisioning
in On Storage, on November 1, 2009
...you may ask? Well, investor introductions are made through occasional [...] Read More Banks Tighting Loans at Biz Plan Hacks According to th...
Seen that? - BIG SUR BONANZA #3
in The Outdoor Weblog, on October 31, 2009
... more? Paul Miller, a Friedman Billings Ramsey banking analyst, has told Associated Press that more banks will be lining up because the finance sector needs $1.2 trillion in capital. As journalist Dav...
Too big to fail is too dumb
in Sox First, on October 29, 2009
... enshrines a system where taxpayers will be funding future bailouts. But isn't the problem that the banks got too big in the first place? Wouldn't it be just better to break them up, as Alan Greenspan...
Breaking up the banks
in Sox First, on October 28, 2009
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Should the big banks be broken up. Certainly the chorus from top financiers calling for a bust up is growing. Earlier this month, former Federal Reserve chief Alan Greenspan said the banks ...
Obama Focusing on Small Business?
in Bizinformer, on October 27, 2009
...iness Administration, and the effort the feds are undertaking to pump money into smaller, community banks. Of course, credit is a big part of the picture being discussed. Since the banks aren't loanin...
Over-valued S&P to tumble and the double dip recession.
in Sox First, on October 27, 2009
...ent of research firm Smithers & Co, says the S&P is over-valued 40% and is set to fall as banks sell shares to raise badly needed capital. And that will mean a double dip recession. Smither says: "Q...
Profits are a gift: Soros
in Sox First, on October 25, 2009
...
The big profits made by the banks did not come through talent or hard work. They're just a free gift, says billionaire financier George Soros. In an interview with the Financial Times , Soros...
Pay cuts for auto firm executives. What about banks?
in Sox First, on October 23, 2009
...t feathering the nests of executives at these failed companies. But it's a different story with the banks and other financial services firms. The Economist reports that despite the fact that Citig...
Seen that? - Case studies in Micro Finance #1
in Audeamus - How dare we..., on October 21, 2009
... Basically, yes, but there are very different stages of microfinance around the world. In the U.S., banks that provide small business loans are [...] Read More More Case Studies, You Say...
Bailed out banks continue to live it up
in Sox First, on October 21, 2009
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Like pigs at a trough, the US banks were wallowing in US government bailout but at the same time, they were handing out perks to their executives that had taken them to the brink of disaster. W...
The big gap: Wall Street bonuses and normal pay
in Sox First, on October 21, 2009
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While banks have been castigated for their excessive pay levels, the pay gap between the so-called Wall Street superstars and ordinary wage earners is the elephant in the room. Some shocking ...
Endless unemployment and the new pledge of allegiance
in Sox First, on October 21, 2009
...'t spending which means companies won't have enough coming in to start hiring. And in any case, the banks aren't lending so businesses can't expand. That means joblessness will be the new normal. "T...
Deciding What You Can Afford in a House
in The Personal Finance Weblog, on October 13, 2009
...need 25% of monthly household income to cover your mortgage, real estate taxes, and insurance—the banks start out by being slightly more generous. Most banks lend at favorable rates if monthly costs a...
The Goldman Sachs lie
in Sox First, on October 11, 2009
...overnment. In the same week, we had the extraordinary news that it had raised its ratings of US banks to "attractive", claiming that these banks are under-valued. Why is Goldman Sachs talking up U...
Palm's Full Monty
in Wangtam, on 2009-10-09
...• CopyTrans Manager
• Fiddling with accounting rules won't fix the banks
• Rock Band Network Tools and Documentation Released
• Hands-On With Moblin 2.1 OS: The Netbook Linux Anyone Can Mas...
Four ways to create jobs in the recession
in Sox First, on October 6, 2009
... in the recession. The first is to use the stimulus packages and TARP bailout funds to switch from banks to public services that people need. Like, for example, schools, child health, public health a...
Seen that? - 10 shoestring principles for business
in BootStrapMe, on October 2, 2009
... massive impact that climate change will have on the financial services sector, particularly the banks.Now, global law firm Winston & Strawn has put out a briefing paper on the carbon principles b...
Writedowns reduced but bad loans to increase
in Sox First, on September 30, 2009
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First the good news! The International Monetary Fund has scaled back the global writedowns for banks and other financial institutions to a mere $3.4 trillion. So that's $600 billion less of w...
Unicom says to sell iPhones in China from October
in Wangtam, on 2009-09-30
...o 100K Users
• Apple's App Store Downloads Top Two Billion
• Sprint Banks on WiMax to Win Back Market Share
• Apple's Apps Flying Off the Virtual Shelves: 6.6 Million Downloads Per Day
...
Pioneer CDJ-2000 (10P)
in Wangtam, on 2009-09-25
官方新闻稿:
NEW PIONEER CDJ DIGITAL TURNTABLES BRING THE ART OF DJING TO NEW HEIGHTS
CDJ-2000 and CDJ-900 Enable DJs to Access Their Music Directly from the Players
Long Beach, CA (September 17, 2009) - Pioneer Electronics (USA) Inc. Professional Sound and Visual Division, the leader in Pro DJ ...
The phoney bull market
in Sox First, on September 24, 2009
...corporate earnings, most corporations are still shedding workers and slashing payrolls. And the big banks still aren't lending to Main Street." Maybe the so-called bull market will continue ...
Swine flu "could kill millions"
in Sox First, on September 22, 2009
...pay for vaccines and antiviral medicines. Bloomberg reports that wealthy nations and development banks are being asked to donate to a $1.48 billion United Nations plan to help poor countries in lig...
Recession to last until 2012 - Stiglitz
in Sox First, on September 20, 2009
... out of the woods. There is reason to believe that there will be continue to be bankruptcies of the banks." Stiglitz has an excellent point: if the recession is over, where are the jobs going to...
The financial meltdown and tell-tale emails
in Sox First, on September 15, 2009
...ion with UBS which makes it very close to insider trading. That's bad news for other investment banks. "It's doubtful that this sharing of information between a rating agency and a Wall S...
Nothing learned from Lehman collapse
in Sox First, on September 14, 2009
...et has not changed at all. As Stevenson Jacobs from Associated Press reports, risk taking for the banks is back with a vengeance with Goldman Sachs, JPMorgan Chase and others - which received tens o...
A big week for the US economy
in Sox First, on September 13, 2009
...oblem is that the seeds of another collapse might have already been planted. You can bet that major banks will keep making bets that are now backed by taxpayer guarantees. And that means they will ret...
Facebook Lite 版正式上线
in Wangtam, on 2009-09-13
...ement
• TxtNinja
• It Threads Twitter Conversations
• PinPlot - Find Jobs, Computers, Video Games, Cars, Housing and Textbooks
• Graffiti - tag your city
• Recap Firefox Extension | "tu...
Banker lived it up on foreclosure
in Sox First, on September 12, 2009
... bringing us the story that while the mortgage crisis has resulted in people losing their homes and banks closing down, there is one executive at Wells Fargo who has been living it up in the crisis. ...
The US consumer economy is dead
in Sox First, on September 9, 2009
...0s until a year ago is smashed. Once-ravenous U.S. consumers are saving money and paying down debt. Banks are building reserves and hoarding cash. And governments are fashioning a new global financial...
Commercial real estate to create a new mortgage crisis
in Sox First, on August 31, 2009
...roblems hitting the commercial mortgage backed securities sector will damage what's left of the banks. WSJ reporters Lingling Wei and Peter Grant write: "Banks hold $1.7 trillion of commerci...
Up to 1000 more bank failures
in Sox First, on August 28, 2009
...
Despite all the talk about good economic news, the plight of the US banks highlights the fundamental crisis confronting the world's biggest economy. And it's getting worse. According to ...
Banks bankrolling Congress
in Sox First, on August 27, 2009
...
If you're wondering why the US Government and Congress have been so weak reining in the banks that have created such a diabolical disaster, look no further than this report put out by the n...
Loan deals Italian style
in Sox First, on August 24, 2009
...od producers plan to put up expensive wines and dry-cured hams as collateral on bank loans. Italian banks already store massive wheels of parmesan cheese as collateral so why not do the same with chia...
Readers Digest: another private equity failure
in Sox First, on August 18, 2009
...;s readership is dying off and young people are refusing to subscribe? That's a big bet by the banks and it's full of risk. If revenues stay where they are, and debt servicing is wound back, ...
The fiscal effects of A8 migration to the UK
in Wangtam, on 2009-08-10
...scal effects of A8 migration to the UK
• Could Greenland be the new Iceland?
• Should big banks be required to buy crisis insurance?
• YouTube Gets Smarter on the Small Screen
• ScriptGeni - W...
Sperm banking boom
in Sox First, on August 7, 2009
...
With the credit crunch, it's harder now for the banks to do business and make loans. But one type of banking business is booming. Sperm banks are doing a roaring business, according to this ...
Islamic banking booms
in Sox First, on August 4, 2009
...payment financing (bai bi-thamin ajil) and hire purchase finance (Bai' Al-Takjiri). A number of banks in the United Kingdom have Islamic windows offering Islamic financial products and in 2004, th...
Supply chain video: Supply risk in CIT companies
in Supplychainer, on August 1, 2009
...
Sort of traditional options which he proposes are alternatives such as tapping into community banks and etc. but he also mentions newer options such as spend management, reduce bank credit risk ...
Putting the presidential squeeze on the mortgage firms
in The Mortgage Roadmap, on July 29, 2009
... companies should do everything in their power to support the program. Foreclosures are a burden to banks and lenders. They're a blight, too, on communities. We should all support anything that re...
The bailouts stink: Bernanke
in Sox First, on July 27, 2009
...
The US Government bailout of banks left a lot to be desired. In the final analysis, the US Government rewarded excessive and dangerous risk taking by bailing out banks that deserved to be put out ...
Derivatives time bomb for big banks
in Sox First, on July 26, 2009
.... Even more alarmingly, CFO.com reveals that 80% of the derivatives risk is concentrated in five banks: JP Morgan Chase, Bank of America, Goldman Sachs, Citigroup, and Morgan Stanley. In other wor...
Making mortgages easier to understand
in The Mortgage Roadmap, on July 24, 2009
...wers exactly how their monthly mortgage bills might change once the loan adjusts.
Many lenders and banks view the Fed rules as just one more unneeded layer of red tape. Most mortgage lenders already ...
Buffett cleans up on Goldman Sachs
in Sox First, on July 25, 2009
...;t doing much better. Goldman's results come from bigger risks and the concern is whether other banks will follow suit because of the allure of billions. Unless that problem is addressed, we could...
US banks face more losses from commercial property collapse
in Sox First, on July 23, 2009
...e thought it was safe to go back in the water. Get ready for more big losses from the United States banks. The big worry for the US economy is the tanking commercial real estate market, and that will ...
Bonuses for bankers, despite losses
in Sox First, on July 23, 2009
... certainly won't be for performance pay. But Morgan Stanley is not Robinson Crusoe here. Other banks, which had received taxpayer funded bailouts, are doing it too. As the Washington Post remin...
Banks misused TARP funds
in Sox First, on July 20, 2009
...
Anyone who thinks the Troubled Asset Relief Program (TARP) bailout money for the banks is being used by banks to write loans, should check out this Washington Post report . Taxpayers money is bei...
Paulson, Goldman Sachs and the four tiers of US Government
in Sox First, on July 18, 2009
.... It has four tiers: executive, legislative, judicial and financial. The last tier explains why the banks have so much power and why they are propped up by US taxpayers. In his extraordinary testimon...
Goldman Sachs riding high
in Sox First, on July 13, 2009
...ing away from risks, Goldman is courting them. A common measure of risk-taking at Goldman and other banks is known as value at risk, which estimates how much money a firm might lose on a single day. A...
Derivatives tripped up regulators: Geithner
in Sox First, on July 12, 2009
...ion will define derivatives. Perhaps they're still working it out. In the meantime, the the big banks like Credit Suisse are now pouring in money to stop the US administration from bringing deriva...
Neverland's future: up for grabs
in Sox First, on July 4, 2009
... So should they do with Neverland? The answer is pretty simple: just sell it off to help repay the banks and creditors....
It's getting tougher to get a mortgage-broker license
in The Mortgage Roadmap, on July 2, 2009
...ifficult for them to receive mortgage broker licenses.
For instance, the Massachusetts Division of Banks, according to the Boston Business Journal, is now rejecting about 23 percent of the would-be...
Will California drag down the United States?
in Sox First, on July 2, 2009
...o do that, the deficit blows out by another billion dollars. The state plans to issue IOUs but the banks are saying there's no guarantee they'll honor the bits of paper. California Controll...
Beware the China bubble
in Sox First, on June 29, 2009
...f that was on speculative assets, not the real economy. Fitch Ratings now warns that the Chinese banks are an accident waiting to happen. And it will affect all of us. Fitch warns: "With much...
Dragging out the foreclosure mess
in The Mortgage Roadmap, on June 26, 2009
... still living in their homes. That's because there are so many foreclosures taking place, that banks are behind on taking back foreclosed properties . That leaves many homeowners in limbo: They c...
Bankers' pay soars despite crisis
in Sox First, on June 22, 2009
...aving. Market rates for bankers have been running close to the boom-time highs of two years ago and banks are also offering guaranteed bonuses. For ordinary income earners and for those who have lost...
Mafia cashes in on crisis
in Sox First, on June 19, 2009
... and using its hoard of cash for investing and lending money to those who can't get it from the banks. As reported here , Italy's shopkeepers' association last year did a study showing t...
Do you trust the government to protect you from mortgage lenders?
in The Mortgage Roadmap, on June 18, 2009
...;s surprise, the banking industry is not pleased with the plan. They say such new rules could force banks out of business.
Of course, banks and other mortgage lenders have no one to blame but themsel...
Does Obama's patchwork overhaul go far enough?
in Sox First, on June 18, 2009
... that would affect their business and stop them raking in enormous profits. So don't expect the banks to lie down and cop this one. As Bloomberg reports, lobbyists will be doing everything to en...
How MySpace fell behind
in Sox First, on June 17, 2009
... As I pointed out in this blog entry last month, Facebook and Twitter are living on bailouts (the banks should be so lucky) and will have to radically change their business models if they are to sur...
By Boe Jewelry
in The Jewelry Weblog, on June 10, 2009
...oe jewelry has been worn by celebrities such as Cameron Diaz , Oprah Winfrey, Mandy Moore , Tyra Banks, Sara Ramirez (Grey's Anatomy), Mary J. Blige, Kelly Ripa, Jessica Alba , and the co-ho...
Rental Rates for that House at the Beach this Summer are Down
in The Flyaway Weblog, on June 10, 2009
...at, too. So far this spring - from Cape Cod to the Jersey Shore, from Ocean City, Md., to the Outer Banks of North Carolina to Myrtle Beach, S.C. - real estate agents are reporting that business i...
Banks to face more stress tests
in Sox First, on June 9, 2009
... I raised the question of whether the tests had been put in place to stop the panic, not to fix the banks. More a political ploy than anything else. Now, the Congressional Oversight Panel has put out...





