Posts Tagged ‘bank’
How much is a trillion dollar, really
11 Mar 2009On the right we see a pallet of 100 dollar bills, and a man – let’s call him Timothy. This stack of cash is worth 100 million dollar. You’ll need a lot of pallets to stock one trillion dollar. See here to get a grasp how many pallets you need for a trillion dollar. Notice [...]
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- Tags: bank, chart, trillion
Dawn of the zombie banks
26 Feb 2009Editors in the financial press need a lot of imagination to describe the distressed world around us. Cutting jobs, slashing dividends and reducing estimates are the most common lines on the front page and hardly leave any room for poetic creativity. Enter the zombie banks. The term financial “Zombies” has been coined by economist Edward [...]
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- Tags: bank, crash, economic
Fortis shareholders complicate things
11 Feb 2009Sometimes there’s a news story in the financial markets which requires a lot of homework and flow charts to understand what’s going on. It’s seductive to skip the whole issue and spend your time on other things. The mess around Fortis is a perfect example of a running news story I’ve decided to stop following. [...]
Ladies and gentlemen, we’ve got him
27 Jan 2009Hedge fund manager Paulson did it again. As a present day Gordon Gekko pocketing 270 million pound on short selling Royal Bank of Scotland (RBS). While this is excellent news for mister Paulson and his family – consequences for the hedge fund industry will follow shortly. Politicians will point their fingers at this evil mastermind, [...]
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- Tags: bank, crash, hedge fund
Lies, statistics and bubble charts
22 Jan 2009“There are three types of lies – lies, damn lies, and statistics”, a famous quote attributed to the British politician Benjamin Disraeli. As of today we can add the bubble charts. Researchers from JP Morgan messed up their data on the capitalization of banking stocks terribly. The lay offs apparently have reached the researchers in [...]
- London Gregoire: Meijer shouldn't shave until TOM overtakes Euronext in the dutch options [...]
- TOM to expand in Europe - amsterdamtrader: [...] Euronext sues TOM on AEX Options [...] [...]
- Aad: Same shit over here. And really, we have al the specs to be fast enough. [...]
- ghostrider: truely tragic. condolences. [...]
- vikr: Hats off to RoCo. [...]
- VdM: Allmost on the same day another well known person from the trading community in Amsterdam passed awa [...]
- NRC: Advertisements in newspaper NRC: https://dl.dropbox.com/s/uwbjka8dgg26exh/20130406_NH_selectie_2_12. [...]
- anonymous: Agreed [...]
- anonymous: let's go to IMC since they pay good bonuses there [...]
- anonymous: Tibra is not doing well, and when the CFO, who knows everything about their finances, leaves this i [...]
