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Written by Jeanne Roberts
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Friday, 08 February 2008 |
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We all know Ireland is green. Last week, thanks to diligent New York Times reporters, we learned that Ireland is also "green," as in, environmentally responsible. |
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Last Updated ( Monday, 18 February 2008 )
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Written by Jeanne Roberts
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Friday, 08 February 2008 |
Last week, a funny thing happened on the way to the mailbox. A memo, meant for Eli Lilly & Co. (LLY - $51.22) attorney Bradford Berenson (who is helping negotiate a private settlement for Lilly with the government), went instead to Alex Berenson of the New York Times.
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Last Updated ( Sunday, 10 February 2008 )
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Written by Eben Esterhuizen
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Thursday, 07 February 2008 |
Photo:bbaltimore, Creative Commons, Flickr
Ever wanted to know more about "Financial Engineering" and "Leverage"? The following story captures the essence of these disciplines: |
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Last Updated ( Sunday, 10 February 2008 )
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Written by Eben Esterhuizen
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Tuesday, 05 February 2008 |
Judging by today's selling frenzy on Wall Street, it looks like the market has finally started pricing in a worst case scenario for the U.S. economy. And the time has come to ask some important questions.
Is it safe to say that the recession is finally here? If we are in a recession, how long will it last? Will heavy consumer debt, a growing federal budget gap, and rising prices make this recession worse than Americans have experienced over the past two decades? Will the situation evolve into the worst financial crisis since World War Two (legendary investor George Soros seems to think so)?
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Last Updated ( Sunday, 10 February 2008 )
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Written by Eben Esterhuizen
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Wednesday, 30 January 2008 |
Once upon a time, in a land far far away, lived a hairy caveman. After a long hard day of hunting mammoths and avoiding saber-tooth tigers, he scratched his nose and it started raining. He didn't think much of it at first and ran back to his cave into the arms of his loving cavewoman. The next day he scratched his nose again and voila! It rained again. The caveman came to an important conclusion: "if" he scratches his nose, "then" it rains. Sometimes it worked, sometimes it didn't, but at least he had a way to cope with the randomness of nature and had assurance that he had some control over the arbitrary events of his life. He spent the rest of his days devising an intricate system to optimize the results of his nose-scratching activity. It was the birth of the "science" of prediction.
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Last Updated ( Sunday, 03 February 2008 )
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