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.

News

News Round-up: 16 Sep 2008

Edward Harrison
Everyone has heard the news of importance: AIG, Lehman, Goldman, WaMu, Merrill. Although I just heard on Bloomberg Rado that Barclays was buying the "Core Lehman" assets.Anyway, I thought I would concentrate today more on the blogosphere.…
Political Economy

No Fed cut

Edward Harrison
The Fed has not cut interest rates and is still worried about inflation as much as economic growth. I certainly felt the Fed was going to cut and was going to have a more dovish comment than it has. The investor reaction was to send…
Economy

AIG situation looks critical

Edward Harrison
One reason I came out this morning against the Fed and the U.S. Treasury's decision to allow Lehman Brothers to go bankrupt is the arbitrariness of its decision-making process. Lehman is easily more of a systemic risk than Bear Stearns and…
Economy

US Inflation down setting up Fed cut

Edward Harrison
The inflation rate fell to 5.4% in August in the US, paving the way for a cut in interest rates later today by the Federal Reserve.With oil prices droping by one-third over the past few months, it was a question as to whether the data would…
Markets

After a 500 point loss, where next?

Edward Harrison
It's 8AM on the morning after a 500 point loss on the Dow. It could have been a lot worse, honestly. So I'm happy to have gotten away with that. Nevertheless, trading in Asia was not exactly confidence building with the Nikkei 225 down…
Economy

How safe is your money?

Edward Harrison
I am not a certified financial planner and therefore, do not give financial advice or investment advice. Anyone looking for financial advice is advised to see a independent certified financial planner to help them with their investments.The…

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