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The Whiskey Breath of Wall Street: What the Invention of Bourbon Has to Do With Credit Derivatives
Wednesday, May 23, 2012 - 1:10pm | 1331By Aaron Brown, Minyanville When I wrote The Poker Face of Wall Street, I got some good reviews, but also some complaints about mixing poker and finance. Most of the unhappy people were poker players, but one Wall Street trader rhetorically (I think) asked if my next book was going to be S**t...
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Big Trouble Brewing
Wednesday, October 12, 2011 - 4:39pm | 3919I do not toss around the idea of a market crash lightly. If you've been following me long enough, you know that only in very rare instances do I issue a cautionary Alert (I've only issued four since my website launched in 2008), and I am generally not given to hyperbole. Let's be clear: I'm not...
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Can American Traders Be Trusted?
Friday, September 16, 2011 - 1:55pm | 311My colleague, Steven Anfield, wrote an article yesterday asking if the European traders can be trusted. Clearly, there have been a few notable cases, in which a rogue trader has managed to blow a huge hole in certain banks' balance sheets, but those are minor incidents compared to what the American...
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French Banks Deserve the Skepticism
Friday, August 12, 2011 - 12:27pm | 1052There has been no shortage in comparisons of the current banking crises in the US and Europe to those of 2008. Just like in 2008, we have major bank executives appearing in the media to tell us all is well despite extreme volatility in their equity values. Another similarity: no one seems to be...
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Gold v. the Dollar, Bernanke's Liquidity Trap, and Our $700 Trillion Derivatives Monster
Thursday, August 11, 2011 - 3:13pm | 1076In this episode of Attention, Benzinga Radio chats with Brian Rogers of Fator Securities. Rogers has some great insights on the price of gold, the Federal Reserve's dwindling policy options, and the nature of the term “Too Big To Fail,” which boils down to the derivatives exposure of systemically-...
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Historic Monetary Instability Endangers International Relations
Monday, October 11, 2010 - 7:27pm | 966By Wayne Jett © October 10, 2010 Fear was not the only thing Americans had to fear in 1933, as Franklin Roosevelt well knew. High tariffs shut down trade and production; high taxes stripped private capital; and rampant fraud in financial markets looted capital and drove survivors to gold shelter....
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Commercial Real Estate Videos of the Week
Sunday, May 23, 2010 - 6:00am | 196Commercial Real Estate Videos for the Week of May 16-22. Larry Silverstein, developer of the World Trade Center, believes that the Commercial Real Estate market is much healthier than it was a year ago, especially in New York. He also claims that occupancy will not be a problem in the under-...