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.

Markets

Quote of the day: Warren Buffett

Edward Harrison
Warren Buffett is a confident investor who believes in the companies he buys. As a result he said the following at his recent Annual General Meeting:"If a stock goes down 50%, I'd look forward to it. In fact, I would offer you a…
Economy

Recession nears in New Zealand

Edward Harrison
I am here on my computer in anticipation of the morning market sessions in Asian trading. Certainly, this will set the tone for an important week. While I was looking for more news on the GSEs, I was reminded of the slowing economies…
Economy

Irish banks have unreported bad debt

Edward Harrison
According to the Irish Independent, the recent fall in Irish bank shares is due to a loss of faith in their bad debt provisions. On Tuesday, Bank of Ireland fell 14%, the largest amount in 20 years.After last week's dive in their share…
Economy

Writedown News: 12 Jul 2008

Edward Harrison
For a complete list of prior news on writedowns see my Credit Crisis Timeline. Also look at the new list of Bankrupt Global Financial Institutions for information on large global financial institutions that have gone to the wall.2008 06 30…

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