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Synthetic credit. Trading a black box. Small is beautiful? Hardly when it comes to banking. In light of JP Morgan’s announced “surprise $2Billion profit bust; soaked and also synthetic red ink, people are naturally worried about contagion and another bank … Continue reading
Posted in Feature Article, Ideas/Opinion
Tagged Ben Aronson, Bruno Iskill, David Teniers, david teniers the younger, David Tenniers, Donald Trump, Eric Fischl, George Grosz, jamie dimon, joseph heath rebel sell, Joseph Schumpeter, JP Morgan bank, Madame Pickwick, madame pickwick art blog, Mark Carney Bank of Canada, Mike Mayo CLSA, Mitt Romney 2012, volcker rule, Walter Benjamin, will hay ask a policeman
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