2008, Finance, Marketing and Policies - Management Consulting Connection

2008 Financial Crisis – Causes and historical context

Tom Spencer

NOVEMBER 17, 2018

Many an economics and finance course later, I see that the layers of complexities to the 2008 financial crisis are innumerable. Once the housing market began to collapse, mortgages defaulted, and MBS began to fail. Banks would rather store their money at the Fed than lend it to finance potentially risky projects.

Financial

Financial Banking Balance Sheet Cash Flow

How the Financial World Adapts to Climate Change

Tom Spencer

OCTOBER 16, 2021

Knowing the ins and outs of upcoming trends in finance is indispensable for any aspiring consultant. A prime example for such a question is how finance is adapting to the issue of climate change, and might assist its mitigation. Green Finance. Resilience Bonds. Final thoughts.

Financial

Financial Insurance Insurance Finance

Hilarious Transcripts of Fed Minutes from 2008 Reveal Completely Clueless Fed

MishTalk

FEBRUARY 21, 2014

Here is a list of FOMC Transcripts and Other Historical Materials, 2008 Notes I purposely cherry picked statements of various Fed governors. Amazingly, Bernanke spoke of pent-up demand for housing in January of 2008 The January 29-30 transcript was a whopping 194 pages long. I slogged through most of it. I didn’t quite get that.

Construction

Construction Conference Meeting Policies

Damn the Bubbles, More Printing Ahead; Property Bubbles and the Perils of Easy Money

MishTalk

MARCH 31, 2014

Finance reports Yellen strongly defends easy Fed policies, cites U.S. In her first public speech since becoming Fed chair two months ago, Yellen cited the struggles of three American workers in backing the policies of low interest rates and continued bond-buying. Part of China’s $7.5 While China Credit Trust Co.

Real Estate

Real Estate Finance Banking Policies

New Zealand’s Financial Crises Resilience

Tom Spencer

JULY 25, 2020

New Zealand found itself in quite an enviable position following the GFC due to a number of policy decisions that put it in a position to succeed and it was also fortunate to have surrounded itself with powerful trading partners. Flexible exchange rate, product and labour markets. The HPI (Housing Price Index) is already 2.4%

Financial

Financial Policies Banking Comparison

Emerging Market Contagion Spreads; Argentina, Venezuela, Turkey Roundup; 50% Tax on Internet Purchases

MishTalk

JANUARY 24, 2014

Argentina Institutes 50% Tax on Internet Purchases; Emerging Market Contagion Spreads; Argentina, Venezuela, Turkey Roundup Yesterday, Argentina devalued the Peso hoping to halt further declines in its currency reserves. Markets had seen this coming as charts of the Peso vs. the US dollar show. The 5-year decline is over 50%.

Marketing

Marketing Policies Government Financial

Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation?

MishTalk

AUGUST 7, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation? Fed Balance Sheet vs. Stock Market. Automatic Earth.

Balance Sheet

Balance Sheet Marketing Real Estate Financial

Inside a Fortune 500 Boardroom

CaseInterview.com

FEBRUARY 11, 2020

In contrast, my favorite boardroom belonged to a clothing retail chain in California during the Great Recession of 2008. If you know finance, especially the finance of retail businesses, that’s nearly impossible. Check out our Privacy Policy below for details on how we protect and manage your submitted data. No, Thanks!

Case Interview

Case Interview Retail Finance Conference

The age old tale of financial crises

Tom Spencer

AUGUST 25, 2018

The story of the 2008 financial crisis begins somewhere shortly after the death of Jesus Christ himself. The 2008 financial crisis saw Ben Bernanke, the then chairman of the Federal Reserve, providing money to banks across the United States following the collapse of the housing market and subsequent defaults of mortgage backed securities.

Financial

Financial Balance Sheet Banking Policies

Greek Finance Minister Proposes Greece for Puerto Rico Trade: Should US Accept the Offer?

MishTalk

JULY 9, 2015

Greek finance minister Wolfgang Schäuble has a sense of humor. Who knew Wolfgang Schäuble, Germany’s prickly finance minister, had a sense of humor? Those who preserved bills at home will receive a rate of 250 trillion to $1 for their 2008-issued notes and 250 to $1 for their 2009-issued notes. Today he said to U.S.

Finance

Finance Conference Enterprise Data

Idiotic Proposals for Fed to Give Away Money

MishTalk

SEPTEMBER 19, 2014

A Fiscal Times, Yahoo Finance article by by John Grgurich claims that Instead of QE, Fed Could Have Given $56,000 to Every Household in America. Base Money Supply has gone up from $848 billion at the start of 2008 to $4.150 Trillion today. Sheer Idiocy First, the Fed cannot give away money, it can only make money available for lending.

Banking

Banking Finance Policies Management

Singapore Set for Icelandic-Style Property Bubble Meltdown; Hype or Reality?

MishTalk

JANUARY 15, 2014

Singapore’s booming finance and real estate-focused economy has earned it the moniker “The Switzerland of Asia”, and finance professionals from all over the world are flocking to work there to take refuge from the hard-hit financial sectors in their home countries. Fed Funds Rate for the purpose of minimizing large swings in the U.S.

Real Estate

Real Estate Policies Financial Finance

Mortgage REITs Clobbered as Leverage Forces Sales

MishTalk

JULY 10, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. GoldMoney: The Best Way to Buy Gold & Silver. Dollar Collapse News on the Dollar's Death Spiral. Automatic Earth.

Sales

Sales Real Estate Financial Advertising

Putin Threatens Currency Speculators; Six Ways to Know a Currency is in Deep Trouble

MishTalk

DECEMBER 4, 2014

This has been happening for centuries — every time the west thinks Russia is getting too strong, they use these policies.” Currency Action Since July 2008 the Ruble had gone from 24Rub-per-US$ to 54Rub-per-US$. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

Banking

Banking Finance Analysis Policies

Argentine Central Bank Chief Quits in Currency Dispute; Hyperinflation On the Way?

MishTalk

OCTOBER 1, 2014

After continual clashes over economic policy with Argentina’s economy minister Axel Kicillof, there are fears that Mr Fábrega’s departure may clear the way for greater government control over the central bank. Black Market Rate Shows 78% Decline The black market exchange rate is about 14 pesos to the dollar. to the US dollar.

Banking

Banking Benchmarking Government Journal

Mish's Global Economic Trend Analysis: Bernanke Wants 2.

MishTalk

AUGUST 4, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Fed Policies Exacerbate Trend. Wages have not kept up with inflation as Fed policies exacerbate the trends.

Trends

Trends Analysis Real Estate Financial

Mish's Global Economic Trend Analysis: FHA Swamped By Defaults.

MishTalk

JUNE 28, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. The dismal forecast has some bracing for another taxpayer-financed bailout. Abolish The Fed Sign the Petition. Big Picture.

Analysis

Analysis Trends Real Estate Case Interview

Delong-in-Wonderland

MishTalk

SEPTEMBER 2, 2013

A prolonged and sustained central-bank policy of purchasing ever-increasing quantities of long-term assets is essential to get a financial sector with diminished appetite for risk to use some of its risk-bearing capacity for its proper purpose of reducing the risk burden on entrepreneurship and enterprise. The right amount of inflation.

Banking

Banking Policies Journal Enterprise

Treasury Yields Surge Following Allegedly Good Data

MishTalk

AUGUST 1, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Nonetheless, the bond market has other ideas. Market Gets Message. GoldMoney: The Best Way to Buy Gold & Silver.

Data

Data Real Estate Financial Advertising

Mexican Peso Another Casualty of Falling Oil Prices; Mexico Announces Intervention to Halt Decline; Bazooka Theory Revisited

MishTalk

DECEMBER 8, 2014

Policy makers will auction $200 million on days when the peso weakens at least 1.5 The new program to support the peso surprised investors including Juan Carlos Alderete, a currency strategist at Grupo Financiero Banorte SAB in Mexico City, after Finance Minister Luis Videgaray said last week that he didn’t see a need for intervention. “

Banking

Banking Finance Energy Policies

Mish's Global Economic Trend Analysis: Italy Faces Huge Losses on.

MishTalk

JUNE 26, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. public interest so far as concerns the economic policy of the European. GoldMoney: The Best Way to Buy Gold & Silver.

Analysis

Analysis Trends Real Estate Financial

EU officials Give Greece Three Days to Deliver Reforms or Face

MishTalk

JULY 2, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Mish and Eric King discuss Gold, the Stock Market, the US Dollar, Sideline Cash, China, and US real estate. Automatic Earth.

Real Estate

Real Estate Financial Advertising Case Interview

Mish's Global Economic Trend Analysis: Portugal Uncorks Bottle of.

MishTalk

JULY 11, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Mish and Eric King discuss Gold, the Stock Market, the US Dollar, Sideline Cash, China, and US real estate. July 2008 (104).

Analysis

Analysis Trends Real Estate Financial

Witch Hunt is On; Foolish Ideas on Stopping the Shanghai Carnage; US Bubble Will Burst Too

MishTalk

JULY 27, 2015

The amusing comment of the day comes from Zhu Ning, deputy dean at Shanghai Advanced Institute of Finance: “ If [the government] does nothing then all its previous efforts will have been wasted but if they continue with the rescue efforts then the hole will get bigger and bigger. Nor were shorts the problem in 2000 and 2008 in the US.

Real Estate

Real Estate Financial Policies Government

Mish's Global Economic Trend Analysis: D.C. City Council Proposes.

MishTalk

JULY 9, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. it is government policies, not salaries that are the problem. GoldMoney: The Best Way to Buy Gold & Silver. Big Picture.

Analysis

Analysis Trends Real Estate Financial

Japan Exports and Trade Balance vs. the Yen; Abenomics in Review

MishTalk

JULY 26, 2014

The Yen was in this general area, at times, in 2004, 2005, 2008, 2009, and 2014. The CHART OF THE DAY shows the value of Japan’s exports is 23 percent below a March 2008 peak, even as those of South Korea, the U.S. The loss of global market presence by Japan’s companies, especially electronic appliance makers, is also a factor.”

Finance

Finance Energy Transportation Report

FOMC Minutes and Economic Projections: Dissent in Both Directions

MishTalk

JULY 10, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Following is a snip from the June 18-19, 2013 Minutes of the Federal Open Market Committee , released today. Big Picture.

Real Estate

Real Estate Financial Policies Advertising

China Attempts to Prop Up Stock Market After Steep Declines; 1929 Flashback

MishTalk

JULY 6, 2015

The overheated Shanghai and Shenzhen markets have lost 29 and 32 per cent respectively over the past three weeks following 7-year highs reached on June 12. Instead of welcoming a much needed correction, Chinese brokerages and the Bank of China agreed to prop up the market. Trillion Market Rout. per cent at open.

Marketing

Marketing Banking Finance System

Japan Tells Firms "Stop Sitting on Cash", Ignore the Lack of Customers

MishTalk

JULY 19, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Mish and Eric King discuss Gold, the Stock Market, the US Dollar, Sideline Cash, China, and US real estate. Automatic Earth.

Real Estate

Real Estate Financial Advertising Case Interview

Mish's Global Economic Trend Analysis: 1984 EU Style: EU.

MishTalk

JULY 22, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Mish and Eric King discuss Gold, the Stock Market, the US Dollar, Sideline Cash, China, and US real estate. July 2008 (104).

Analysis

Analysis Trends Real Estate Financial

Keynes Is Dead, Abenomics Fizzles, US Fails to Reach Escape Velocity, Stimulus Fatigue

MishTalk

JANUARY 21, 2014

Today''s information technology allows a multinational company to position research, marketing, finance and managerial jobs to anywhere. Financial markets have become wobbly lately as growth momentum cools off. The 2008 crisis prompted a pause. In the decade before the 2008 financial crisis, trade was driving growth.

Information Technology

Information Technology Information Technology Financial Policies

Start of a Global Currency Crisis?

MishTalk

JANUARY 26, 2014

In Emerging Market Contagion Spreads , I presented a viewpoint that emerging market currencies have been under pressure because of falling commodity prices. To be fair, quite a few emerging market currencies as well as the currencies of developed countries that are large commodity exporters have been under pressure for some time.

Balance Sheet

Balance Sheet Banking Tourism Sports

IMF Chief Under Investigation in French Fraud Case; Meet David Lipton (an Obama Clone), Lagarde's Possible Replacement

MishTalk

AUGUST 27, 2014

IMF chief Christine Lagarde has been put under formal investigation by French magistrates for alleged negligence in a political fraud affair dating from 2008 when she was finance minister. Lipton an Obama Clone on Income Inequality Please consider Lipton''s views on Fiscal Policy and Income Inequality.

Meeting

Meeting Efficiency Education Finance

Draghi Announces ECB Exit From Easing Remains Far Off

MishTalk

JUNE 26, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. GoldMoney: The Best Way to Buy Gold & Silver. Dollar Collapse News on the Dollar's Death Spiral. Automatic Earth.

Balance Sheet

Balance Sheet Real Estate Financial Advertising

Hypocrites and Bullies Speak on "The Importance of Trust"

MishTalk

JULY 7, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. trade policies and foreign aid to any country that might take in Snowden. December 2008 (85). November 2008 (78).

Real Estate

Real Estate Financial Case Interview Advertising

Mish's Global Economic Trend Analysis: Job Growth Trends by Type.

MishTalk

AUGUST 5, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Mish and Eric King discuss Gold, the Stock Market, the US Dollar, Sideline Cash, China, and US real estate. July 2008 (104).

Trends

Trends Analysis Real Estate Financial

Euro Sucks Italian Blood; Prime Minister Blames Tax Evasion

MishTalk

JULY 28, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Mish and Eric King discuss Gold, the Stock Market, the US Dollar, Sideline Cash, China, and US real estate. July 2008 (104).

Real Estate

Real Estate Financial Advertising Case Interview

Message to 5.7 Million Truck Drivers "No Drivers Needed"

MishTalk

AUGUST 5, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Disastrous Fed Policies. Fed policies also fuel the income inequalities of the 1% vs. the 99%. Automatic Earth.

Real Estate

Real Estate Financial Trends Advertising

Mish's Global Economic Trend Analysis: Potential Mistakes and the.

MishTalk

JULY 9, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. And if my analysis above is correct, monetary policy is based on a false notion of potential real GDP. Only a free market.

Analysis

Analysis Trends Real Estate Case Interview

"Will These Central Bank Morons Ever Learn?" asks Albert Edwards at Societe General

MishTalk

OCTOBER 27, 2014

The problem is that at these stratospheric valuations, the market does not need to suffer an ACTUAL recession to see a crash. Like October 1987, just the fear of recession will be enough to trigger a massive market move. This suggests to me a continued misplaced market (over)-confidence about central banks’ ability to control events.

Banking

Banking Policies Financial Marketing

Mish's Global Economic Trend Analysis: IMF "Baseline Scenario.

MishTalk

AUGUST 3, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Mish and Eric King discuss Gold, the Stock Market, the US Dollar, Sideline Cash, China, and US real estate. Automatic Earth.

Analysis

Analysis Trends Real Estate Financial

Mish's Global Economic Trend Analysis: Ritholtz on Gold and on.

MishTalk

JULY 2, 2013

Minyanville Business and Market News. Get Involved The State of the Unions Finances: A Citizens Guide. China Financial Markets. Market Oracle. Market Ticker. Real Clear Markets. Ritholtz on Gold and on Making Predictions; How Secular Bull Markets End; Winning vs. Investing. Automatic Earth.

Trends

Trends Analysis Real Estate Financial

High-Powered Idiocy from Academic Wonderland; Three Reasons Banks Not Lending; Blinder is Blind

MishTalk

DECEMBER 11, 2013

Unless you are part of the tiny portion of humanity that dotes on every utterance of the Federal Open Market Committee, you probably missed an important statement regarding the arcane world of "excess reserves" buried deep in the minutes of its Oct. 29-30 policy meeting. Banks still do not have to mark assets to market.

Banking

Banking Small Business Insurance Insurance

Seven Years Later, Global Debt Keeps Piling Up, $57 Trillion More Than 2007

MishTalk

FEBRUARY 10, 2015

Some of this debt, incurred with the encouragement of world leaders to finance bailouts and stimulus programs, stems from the crisis. These countries want to avoid property-related debt crises like those of 2008. To be sure, the growth in government spending and debt during the depths of the recession was a welcome policy response.

Real Estate

Real Estate Government Banking Financial

2008 Financial Crisis – Causes and historical context

How the Financial World Adapts to Climate Change

Trending Sources

Hilarious Transcripts of Fed Minutes from 2008 Reveal Completely Clueless Fed

Damn the Bubbles, More Printing Ahead; Property Bubbles and the Perils of Easy Money

New Zealand’s Financial Crises Resilience

Emerging Market Contagion Spreads; Argentina, Venezuela, Turkey Roundup; 50% Tax on Internet Purchases

Fed Balance Sheet vs. Stock Market; Will QE Cause Inflation?

Inside a Fortune 500 Boardroom

The age old tale of financial crises

Greek Finance Minister Proposes Greece for Puerto Rico Trade: Should US Accept the Offer?

Idiotic Proposals for Fed to Give Away Money

Singapore Set for Icelandic-Style Property Bubble Meltdown; Hype or Reality?

Mortgage REITs Clobbered as Leverage Forces Sales

Putin Threatens Currency Speculators; Six Ways to Know a Currency is in Deep Trouble

Argentine Central Bank Chief Quits in Currency Dispute; Hyperinflation On the Way?

Mish's Global Economic Trend Analysis: Bernanke Wants 2.

Mish's Global Economic Trend Analysis: FHA Swamped By Defaults.

Delong-in-Wonderland

Treasury Yields Surge Following Allegedly Good Data

Mexican Peso Another Casualty of Falling Oil Prices; Mexico Announces Intervention to Halt Decline; Bazooka Theory Revisited

Mish's Global Economic Trend Analysis: Italy Faces Huge Losses on.

EU officials Give Greece Three Days to Deliver Reforms or Face

Mish's Global Economic Trend Analysis: Portugal Uncorks Bottle of.

Witch Hunt is On; Foolish Ideas on Stopping the Shanghai Carnage; US Bubble Will Burst Too

Mish's Global Economic Trend Analysis: D.C. City Council Proposes.

Japan Exports and Trade Balance vs. the Yen; Abenomics in Review

FOMC Minutes and Economic Projections: Dissent in Both Directions

China Attempts to Prop Up Stock Market After Steep Declines; 1929 Flashback

Japan Tells Firms "Stop Sitting on Cash", Ignore the Lack of Customers

Mish's Global Economic Trend Analysis: 1984 EU Style: EU.

Keynes Is Dead, Abenomics Fizzles, US Fails to Reach Escape Velocity, Stimulus Fatigue

Start of a Global Currency Crisis?

IMF Chief Under Investigation in French Fraud Case; Meet David Lipton (an Obama Clone), Lagarde's Possible Replacement

Draghi Announces ECB Exit From Easing Remains Far Off

Hypocrites and Bullies Speak on "The Importance of Trust"

Mish's Global Economic Trend Analysis: Job Growth Trends by Type.

Euro Sucks Italian Blood; Prime Minister Blames Tax Evasion

Message to 5.7 Million Truck Drivers "No Drivers Needed"

Mish's Global Economic Trend Analysis: Potential Mistakes and the.

"Will These Central Bank Morons Ever Learn?" asks Albert Edwards at Societe General

Mish's Global Economic Trend Analysis: IMF "Baseline Scenario.

Mish's Global Economic Trend Analysis: Ritholtz on Gold and on.

High-Powered Idiocy from Academic Wonderland; Three Reasons Banks Not Lending; Blinder is Blind

Seven Years Later, Global Debt Keeps Piling Up, $57 Trillion More Than 2007

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