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

Data watchers beware, huge seasonal adjustments distort the numbers

Edward Harrison Mar 28, 2009

This comes from Alan Abelson at Barron's talking about seasonal adjustments for February data: The misleading figures cut across a wide swath of the economy, encompassing housing, manufacturing, employment -- you name it. The…

News

Links: 2009-03-28

Edward Harrison Mar 28, 2009

Toxic Asset Plan May Appeal Little to Banks on Write-Down Rule Two Graphs That Tell It All On Spain - Edward Hugh A New Kind of Bank Stress Test -- John Lousbury YouTube - Hey Paul Krugman (A song, A plea) this is funny stuff.…

Political Economy

Weekend Video: A Conversation with Tim Geithner at CFR

Edward Harrison Mar 28, 2009

This video from yesterday's Council on Foreign Relations symposium gives Treasury Seretary Tim Geithner a chance to explain why he has constructed his bailout plan in the way he has. Rather than editorialize the video, I will provide it…

Business

Scene from the new film ‘Monsters vs. Aliens’

Edward Harrison Mar 27, 2009

I hope you all have a great weekend. Here is a clip from a new film you might want to take the kids to see. Enjoy.

Economy

SunTrust Bank receives insured deposits of Omni National Bank

Edward Harrison Mar 27, 2009

This just in from the FDIC. Another Friday night special: Omni National Bank, Atlanta, Georgia, was closed today by the Office of the Comptroller of the Currency, which then appointed the Federal Deposit Insurance Corporation (FDIC) as…

Economy

Community banks getting no love in this crisis

Edward Harrison Mar 27, 2009

Recently, I posted a Wall Street Journal article that suggested smaller banks and new banking enterprise can supply the lion's share of additional credit needed for the U.S. banking system. While President Obama is off meeting the heads of…

Markets

Dollar Bull?

Edward Harrison Mar 27, 2009

I am certainly no dollar bull. Longer-term, I believe the dollar is a weak currency. But, in the here and now, it does seem to be holding up quite well. Whether this continues to be the case remains to be seen. Nevertheless, in the…

Economy

More thoughts on quantitative easing from Morgan Stanley

Edward Harrison Mar 27, 2009

The following post is up on Morgan Stanley's website and highlights the degree to which money printing has become the policy tool of choice used by central bankers with which to fight this deflationary threat. I have highlighted the whole…

News

Links: 2009-03-27

Edward Harrison Mar 27, 2009

Commerzbank reveals toxic assets - BBC News Obviously, there are more writedowns to come. What does this say about what's on Deutsche's books? or UBS? MGM Mirage’s City Center Hires Bankruptcy Counsel - Deal Book Fear and Greed -…

Previous 1 … 614 615 616 617 618 … 779 Next