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. The senior slices of a CDO were considered to be safer because they had first priority on cash flows received from the pool of mortgages in the event of default. It all seemed so clear.

Financial 60

Financial Banking Balance Sheet Cash Flow 60

MishTalk

JULY 11, 2014

It could represent a hidden vulnerability, especially if backed by domestic currency cash flows derived from overextended sectors, such as property, or used for carry trades or other forms of speculative position-taking. Historical evidence shows that this rarely happens following a balance sheet recession.

Balance Sheet 74

Balance Sheet Financial Banking Policies 74

MishTalk

APRIL 1, 2015

Chicago finances are even worse than I thought which is saying quite a bit because I have written about the sorry state of Chicago finances on numerous occasion. Many of these uses of bond proceeds are not eligible for tax-exempt financing under the federal tax code." Who Is Kristi Culpepper? You should be.

Financial 28

Financial Engineering Finance Government 28

MishTalk

JUNE 26, 2015

BitGold just completed a financing for C$18 million, which included some top name institutional investors. After this financing, BitGold’s two main owners are the shareholders of GoldMoney and Roy Sebag, whose understanding of gold is as deep as anyone I have ever met. I have done so myself.

Insurance 28

Insurance Insurance Balance Sheet Cash Flow 28