Forex Howto

One of the books that I have stashed away somewhere yet to read is Liar’s Poker by Michael Lewis. It’s a fairly old book which may be outdated now with the problems that have happened in the last year and a bit.
Anyway, there’s an excellent read (pretty long in on screen reading terms) written by [...]

This thought coming from outside where I was thinking though I find it very interesting, and they’re pretty solid arguments.
With Switzerland having a GDP of about $300billion, they can’t afford to bail out UBS and Credit Suisse, interesting times ahead.
More to read on FT Alphaville, Portfolio.com and Crooked Timber.
Make sure to have a look at [...]

I’m a big fan of cartoons, cartoonists are great at saying a lot without using many words.
This one is by Michael Ramirez.

A great writeup by Harvard economics lecturer Jeffrey Miron detailing why the government shouldn’t bailout the bankers.
The current mess would never have occurred in the absence of ill-conceived federal policies. The federal government chartered Fannie Mae in 1938 and Freddie Mac in 1970; these two mortgage lending institutions are at the center of the crisis. [...]

Interesting that the $700 billion bailout package didn’t workout in the US (at least not yet). Sucks to be a banker knowing that they aren’t going to come and make your stupid purchases magically disappear.
Assuming the deal doesn’t pass on a second or third try, I think it will be for the long term benefit, [...]