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

Writedown news: 28 Aug 2008

Edward Harrison
Below are the latest writedown stories from the web that I have seen. For the full timeline of news, visit my credit crisis timeline. Bloomberg recently updated their tally of writedowns to arrive at $503.8 Billion to date. That is on…
Economy

Dresdner Bank: looking for suitors

Edward Harrison
In Europe, there has been a lot of talk about Germany's second largest bank, Dresdner Bank, which is looking to get sold by its parent Allianz. Allianz, which also owns U.S. bond giant PIMCO, has had only trouble with Dresdner since it…
News

Foreign Press Alert: 28 Aug 2008

Edward Harrison
Given the number of foreign articles I have translated recently, I thought it would be useful to start a foreign press alert which pulls together common themes in order to present a holistic view. Today, I will post on Argentina, Spain,…
Markets

Nationwide: UK house prices down 10.5%

Edward Harrison
House prices are falling at an ever faster rate in the UK, according to Nationwide's latest survey for August 2008. The Nationwide Index was down to 329.5 from 335.9 in July, a fall of 1.9%. The index is down 10.5% compared to August 2007,…
Markets

What happened to peak oil?

Edward Harrison
Up until two days ago oil was crashing down toward $110 a barrel as demand growth estimates have been clipped. So what happened to peak oil? Nothing happened; peak oil should still be a concern. For a larger context on peak oil, see my…
Political Economy

Don’t think, react

Edward Harrison
I have a friend who is a very unusual and cosmopolitan blend. Satoshi is a Japanese guy who grew up in the deep south in New Orleans who I met when we worked together at a German bank in the high yield market in London ten years ago. He…

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More