Author

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

Economy

Now watch this drive

Edward Harrison
I have been arguing for some time that Barack Obama made a crucial tactical error in bailing out the big banks early in his presidency. His actions have left him vulnerable to populist resentment.  In my view, this weakens his…
Economy

U.S. has begun to drain liquidity

Edward Harrison
I just received notice that the FDIC Board has approved the phase out of the Temporary Liquidity Guarantee Program (TLGP) in a first clear sign that the U.S. Federal Government has started policy normalisation. The FDIC Board today adopted…
News

Links: 2009-09-09 – 50 Cent version

Edward Harrison
Below are the links for today, but I wanted to highlight the distraction of the day, which is Curtis Jackson III aka 50 Cent, who was interviewed on CNBC yesterday. Enjoy. This Keen professor overlooked by MSM Steve keen deserves…
News

Night Time Reading: 2009-09-08

Edward Harrison
Wall Street Plans On Securitizing Life Insurance Policies | But Then What Those lovable Wall Street ghouls have cooked up a new asset class to securitize — life insurance policies. I am not kidding you, they’re going into the business…
Economy

The socialist back-to-school speech

Edward Harrison
While I have come down hard on some aspects of Barack Obama’s legislative agenda, I have not been painting him with a Hitler moustache or accusing him of socialism, that great evil practised only in cheese-loving France.  So I was…
Markets

Dollar falls to lowest on year

Edward Harrison
The U.S. Dollar fell to its lowest against the Swiss Franc and Euro, while the Canadian dollar and the Scandinavian currencies are also near year highs as well.  If you read Bloomberg, you might think this has to do with a bullish equity…

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