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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.
Colin Powell endorses Barack Obama
Yesterday, former U.S. Secretary of State Colin Powell, a Republican, endorsed Democratic candidate Barack Obama for President despite long-standing support for John McCain. While I agree with the reasoning in many of the statements he…
Sarah Palin on “Saturday Night Live”
Below are the videos of Republican Vice-Presidential candidate Sarah Palin on "Saturday Night Live." I thought it showed good humor on her part to be on the show. I give her full credit despite what some critics might say. Take a look.
The panic has indeed subsided
Last week, I wrote a cheeky little post called "The Panic is over," in which I argued that the Panic phase of this crisis would ebb and the more chronic problems of excessive debt, leverage and recession would move center stage. Of course,…
Asia is next
So, I am back in the saddle after a great weekend in Palm Beach. And three days almost entirely away from Newspapers, Televisions, Telephones, and Computers is a very good thing to clear the head. (Although I did happen to catch Sarah…
Charts of the day: US macro disequilibria
The United States had been living beyond its means for a very long time before the credit crisis finally hit. The truth of the matter is that U.S. monetary and fiscal policy rewarded risk-taking and leverage at the expense of prudence and…
Jamie Dimon: “If You Are Not Fearful, You Are Crazy”
I love Jamie Dimon, JPMorgan Chase's CEO. He really tells it like it is. At last quarter's earnings call, he called a spade a spade and said "prime looks terrible" in reference to prime mortgage loans.
This quarter his quote is even…
Oil price cliff diving and a whiff of deflation is in the air
Oil has traded as low as $68.57 today, its lowest since August 2007. Gold is down $40 to below $800 an ounce. And all other commodity prices are getting pummeled. Now, I certainly foresaw some major declines in commodity prices as a major…
News round-up: 16 Oct 2008 – Blog edition
I want to spread the love today, so I am highlighting some of the posts of my fellow bloggers out on the Internet. Most of us have noted that the economic data coming out recently really confirms the fact that we're in recession. What…
Bill Poole calls Treasury capital injections unconstitutional
Recently, the U.S. Treasury forced government capital injections onto nine U.S. financial institutions (JPMorgan Chase, Bank of America, Bank of New York Mellon, Citigroup, Wachovia, Goldman Sachs, Merrill Lynch and Morgan Stanley). While…