Readers & Thinkers: Caveat Emptor

Posted by on Sep 10, 2012 in Anything Goes | Comments Off on Readers & Thinkers: Caveat Emptor Dear All- The steps the United States take in the coming weeks are very important in a number of ways. I cannot begin to stress that Congress should be very careful. Some very broad rules that might help Congress with their decisions. (1) Do not give Paulson a blank check. He is a former Goldman partner with most likely some restricted Goldman shares in a blind trust (according to limited the...
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Readers & Thinkers: The New Third World

Posted by on Sep 10, 2012 in Anything Goes | Comments Off on Readers & Thinkers: The New Third World Dear All- Welcome to the United States first steps towards becoming a third world country (aka emerging economy). The SEC has banned short trading on 799 financial stocks. Does this remind you of the Malaysian prime minister that everyone called crazy? And now they are going to rescue all of the banks that have bad loans by creating a special fund that could require purchasing up to $2Trillion...
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Sir Andrew Crockett 1943-2012

Posted by on Sep 9, 2012 in Blog | Comments Off on Sir Andrew Crockett 1943-2012 Good day to all of you.  Last week, Sir Andrew Crockett died after a tough battle with cancer. I first met Sir Andrew when I started working at the Bank for International Settlements in the banking department.  Sir Andrew was the General Manager or CEO of the firm.  In the central bank world, there is a lot of formality and posturing, but what I recognized immediately is that Sir Andrew had...
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Readers & Thinkers: The 2011 Nobel Prize in Economics. Assume Nothing

Posted by on Sep 7, 2012 in Readers & Thinkers | Comments Off on Readers & Thinkers: The 2011 Nobel Prize in Economics. Assume Nothing Dear All: Well, who won? The Nobel prize for economic sciences for 2011 was announced today, October 10, 2011.  It went to two people: Thomas Sargent and Christopher Sims. Sargent is 68 years old, born in Pasadena, CA and a Professor at NYU and the Hoover Institute.  Most of his important work was done at the University of Minnesota.  He obtained his BA from UC Berkeley and his Ph.D. in...
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Readers & Thinkers: The 2011 Nobel Prize in Economics. Prediction

Posted by on Sep 7, 2012 in Readers & Thinkers | Comments Off on Readers & Thinkers: The 2011 Nobel Prize in Economics. Prediction Dear All: The 2011 Nobel prize for economic sciences will be announced on Monday, October 10, 2011. Background For those who are new on my Readers & Thinkers list, I have been predicting and following the Nobel prize in economics for many years now for the fun of it. My past pre and post analysis can be found at:  (https://ludwigbc.com/blog/readers-and-thinkers/). If you would like to send...
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