Those are quotation from Satyatis Das book about derivatives, from the 9th chapter : ” credit is like glue, it is the stuff that holds banks together. Everything a bank does involves taking credit risk.” The fact that credit has…
Veuillez trouver en cliquant sur le lien ci-joint le fichier du rapport d’activité annuel de Finance Watch pour 2014 (document en anglais). FinanceWatch_AnnualReport_2014
The year is 1977, and Doug Casey is on the road. He’s just made a pit stop in the Soviet Union. It’s all part of the globetrotting adventure that would earn him a fortune speculating in markets Westerners have been…
Given the context and the deadlock between Greece PM and the troïka, it is possible that stock exchange will suffer substantial losses starting on tomorrow, even in France. Please find in the following link the analysis of the IMF former…
Une publication en français, pour une fois, l’usage de la langue française étant justifié par le fait que l’écrasante majorité des protagonistes de l’affaire Clearstream étaient français. Je dois avouer avoir regardé par hasard un film français sur l’affaire Clearstream,…
There you will find another episode of the Kaiser Report from RT international (Russia Today). I found this one quite interesting mainly because Stacy Herbert is present from the beginning until the end of the show, which is not often…
Il existe des différences fondamentales entre les produits dérivés censés couvrir un risque de marché, un risque opérationnel, ou un risque de crédit ET les assurances au sens traditionnel du terme. Une petite vidéo sur les produits dérivés (en français)…
Given a recent conversation and chapter 9 of Satyajit Das book traders, guns and moneys which is dealing with “credit where credit is due – fun with CDS and CDO, my aim to today is to discuss the role of…
As you already might know, I am a subscriber to IMF news through emails. There you will find the link to an article from the IMF on how to deal with housing boom. I need to remember you that the…
I need to speak about on of my friends, living in Paris suburbs, who used to work as an adviser for several French companies. This guy is really nice and he gave a lot of semi-confidential documents about basel regulation…
A friend of mine, who I met while studying in Lyon, and who is currently working in DRC (Democratic Republic of Congo) for charities told me about two new books : – the age of turbulence, Alan Greenspan, former FED…
Given the disappearance of the original video, and to prevent CNN to delete it from their website, there you will find a written version of the first english speaking interview of DSK after the Sofitel scandal. Compte tenu de la…
Un article du site macbidouille que j’ai trouvé intéressant. J’ignorais simplement que contracter des dettes permettait des avantages fiscaux aux Etats-Unis. Je sais que les intérêts sur les prêts hypothécaires américains (les fameux “mortgages”) sont déductibles des impôts pour les…
A la lecture de l’ouvrage recommandé par Charlotte Geiger, the banker new clothes, on apprend que l’une des raisons pour lesquelles les banques ont davantage recours au levier (rapport fonds propres/dettes) que les autres entreprises est que les banques prennent…
Hi everybody, there you will find a report from the IMF about public debt reduction. Please click the link sdn1510 at the very bottom of the post to get the PDF file. Many thanks to the IMF mail services. What…
