Since the Great New Zealand Shell Company Deregistration Frenzy of 2009-2011, which we rounded up here and here, the New Zealand Government, and the New Zealand Companies Office, have managed to catch a bit of sleep, bless them.
Read more...Wolf Richter and Gillian Tett worry about evidence of credit mania in the US.
Read more...How absurd are the goals of the pension funds that invest in private equity? Plenty absurd, it turns out.
Read more...An article in the Financial Times by Tracy Alloway gives yet another sighting that bond investors are getting a bit frantic in their hunt for yield. The piece has the eyepopping title, Yield-hungry investors snap up US homeless bond. It uses recent deals in the CMBS (commercial mortgage backed securities) market as a proxy for bond investors’ QE-driven hunt for more return.
Read more...Clarifying what believing in risk versus uncertainty means for how you view the role of interest rates.
Read more...I highly recommend this short interview by John Authers of the Financial Times with Amar Bhidé, a professor at Tufts, in which he argues that a proper reading of Friedrich Hayek would lead to considerable skepticism about whether most of the changes in finance over the last three decades actually represent progress.
Read more...Nothing like being able to use something in the headlines to hide your real behavior. And even better if you can get a banking stalwart columnist to run PR for you.
Read more...We are all still paying the price for the stream of ever more leveraged credit derivatives that fueled the world’s greatest credit bubble. It appears that some of these are attempting a comeback.
Read more...Even during the pre-Lehman days of the financial crisis (yes, Virginia, there were three acute episodes before the Big One), blogs and professional investors in my various e-mail conversations would discuss the idea that the Fed had a “plunge protection team” which would intervene to stem market routs.
Read more...CNI (UK)’s confusing attitude to its connections with Carbon Neutral Investments, service provider to carbon scams
Read more...Haim Bodek is a former Goldman and UBS trader, more recently the founder of his own trading firm, who has come firmly out against how stock exchanges work with high frequency traders. Readers spoke approvingly of this recently-released short documentary about his efforts.
Read more...Carbon credit clearer Gemmax Solutions admits that it can’t clear carbon credits, and hasn’t been able to, for nearly a year.
Read more...Paul Seakens of Gemmax Solutions Limited Takes an Idiotic Pop at “Naked Capitalism” and “redd-monitor”
Read more...Lotus F1 quietly drop AGT from their Official Team Partner list just after Naked Capitalism tells the world that AGT’s a scam.
Read more...A sceptical look at anti-carbon-scam enforcement activities in the UK.
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