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Hilarious Transcripts of Fed Minutes from 2008 Reveal Completely Clueless Fed

MishTalk

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.

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A New Quest for Consultancy: Transitioning from Just-in-Time Logistics

Tom Spencer

For instance, in the lead up to the 2008 Great Recession, McKinsey actively promoted mortgage securitization , alongside EY which was involved with Lehman Brothers’ accounting fraud allegations [pdf]. The 2008 meltdown highlighted harmful practices in the financial sector, such as credit default swaps and collateralized debt obligations.

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A Fuller Picture of Special Services: A Critique of the Big Four

Tom Spencer

Despite this rosy picture, it is apparent that the opulence and prestige of this distinguished group of firms derives both from their overly privileged market position and conflicts of interest embedded deep within the industry. PwC held the No. Today, the Big Four exemplify oligopoly. Conflicts of interest.

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

MishTalk

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%.

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New Zealand’s Financial Crises Resilience

Tom Spencer

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. So how did New Zealand manage to escape the GFC relatively unscathed? lower than in March.

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

MishTalk

Minyanville Business and Market News. 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. Sitka Pacific. Recent Posts. Featured Links. Automatic Earth. Bay Area Real Estate Trends.

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How the Financial World Adapts to Climate Change

Tom Spencer

The value of green bonds traded in the market is projected to skyrocket from around EUR 670 billion in 2020 to EUR 2 trillion by 2023. Lucia to recover from multiple earthquakes since 2007, and assisted the Turks and Caicos Islands to recover from Hurricane Ike in 2008. Resilience Bonds. Final thoughts. Image: Pexels.