With the Fed running out of ammunition, second round of downward revision of quarterly GDP, continuation of toxic political climate, … More
Month: August 2010
Book Summary: Barbarians at the Gate
Book: Barbarians at the Gate Author: Bryan Burrough, John Helyar Key takeaways: This is a story about leveraged buyout of … More
Renminbi as a reserve currency?
Front-page of Today’s FT is yet another signal that geopolitics of money is shifting–banks are proposing renminbi settlements to corporate … More
Book Summary: When Genius Failed
Book: When Genius Failed Author: Roger Lowenstein Key takeaways: This is a story about Long-Term Capital Management (LTCM), a Connecticut … More
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