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Mish Fined 8,000 Euros for Quoting French Blog

MishTalk

On September 2, 2011, the Wall Street Journal chimed in with A French Banking Primer. trillion balance sheet is leveraged nearly 49-to-1. As a group, these three banks have some €4 trillion in assets on their balance sheets, supported by €129.3 French Banking Primer. of its assets—which means its €1.6

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Lawyer Advises Me "Don't Go to France"; French Pub Fined €9,000 for Using "Undeclared Labor" after Customers Returned Empties to Bar

MishTalk

All I did was quote a French blogger on bank leverage, and the numbers I quoted were matched by the Wall Street Journal. Wolf Richter at the Testosterone Pit commented on Gagging Doubt: French Crackdown On French And American Bloggers Who Question Megabank Balance Sheets The France''s Financial Markets Authority (AMF) announced on Nov.

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Is Mario Draghi a Bare-Assed Emperor With No Clothes?

MishTalk

ECB Hints at March Stimulus ECB president Mario Draghi ignited the markets today with Hints at More Stimulus in March. Investors reacted positively to Mr. Draghi’s comments Thursday, with eurozone equity markets moving higher in anticipation of further stimulus from the central bank. The euro fell against the U.S.

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How to Evaluate, Manage, and Strengthen Your Resilience

Harvard Business

Strewn about the table were probably the tools of your trade: reams of data, balance sheets and P&Ls. Record your positive currency transactions (jotting them down in a leather bound journal or a digital equivalent). Create a bull market. Financial markets boom when increasing numbers of investors want in.

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Syriza Trounces New Democracy; Greeks Stop Paying Taxes; Run on Greek Banks Escalates; Get Out!

MishTalk

The Wall Street Journal reports Greece’s Radical Leftist Syriza Party Poised to Win Election, Exit Polls Say. Here''s an interesting quote from the Journal. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Syriza appeared set to win between 35.5%

Banking 28
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If You Think Downsizing Might Save Your Company, Think Again

Harvard Business

In our recently published work in the Journal of Business Research , we tested the theory that downsizing could lead to a host of problems that eventually increases the likelihood of bankruptcy. based corporations. To ensure the accuracy of our results, we controlled for known potential drivers of both downsizing and bankruptcy.

Company 28
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Huge Capital Raising Effort at Spanish Bank Passing Latest Stress Test; New Game in Town; Smell Test Failure

MishTalk

When the bank reopened its shares plummeted as much as 14%, with the Spanish stock market down about 4%. The Wall Street Journal posted a table of Participating Banks With a Shortfall. The Journal reported " Overall, 25 banks technically failed the so-called stress tests, facing a cumulative shortfall of €24.6

Banking 28