Credit Writedowns

I recently switched from a Windows Mobile telephone to an Android-based mobile phone.  When I was making the switch, I had to decide whether I was going with the iPhone, which my wife uses. or to run with Blackberry or Android, a…

Below are two videos from Marc Faber’s recent interview on Asia Confidential.  In it, he takes questions from user emailsregarding the U.S. dollar, economic decline in the U.S. and gold as an investment. He sees a need for the U.S. to…

Easter Island: Rapa Nui déjà vu | The Economist Too many tourists like in Machu Pichu As Facebook Nears 100M U.S. Visitors, Twitter Falls Further Behind In The Rear-View Mirror Is Facebook winning? I am skeptical. Kunden räumen…

Pete Cashmore launched a blog called Mashable from his home in Scotland in 2005.  You may have seen the articles from the site in the links from time to time. Well, this happens to be the number 1 social media-focused blog on the…

Roger Bootle sat down with the Telegraph and ran through a few themesregarding the stock market, the financial crisis, government debt, currencies and compensation in the financial sector.  He has a lot to say, in particular on banks,…

You Know You’re A Cool Geek When…. Are you a geek? C'mon. you know you are. FT Alphaville- Mystery Meredith Whitney Goldman downgrade - update It's price: my rationale as well Gold price hits fresh high Silver above 15-month…

Meredith Whitney downgraded Goldman Sachs from ‘buy’ to ‘neutral’ today.  Previously, Goldman had been her only buy recommended stock, all of the others rated neutral or ‘sell.’  Why did she do it? FT Alphaville has the answer:…

There is an enormous dichotomy in foreign exchange markets that has wide-ranging implications for the global economy.  In Europe, most currencies float freely against the U.S. dollar. In Asia and the Mideast, most do not. What this…

FT.com - Thomas Palley - A second Great Depression is still possible A reminder of the downside FT.com - Swedbank hits out at Latvia’s mortgage plan Of course they do. Latvia agrees budget cut goal Large spending cuts and tax…