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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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If You Think Downsizing Might Save Your Company, Think Again

Harvard Business

Proponents of downsizing argue that it is an effective strategy, with benefits such as increased performance and sales. 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.

Company 28
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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. Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.' Syriza appeared set to win between 35.5%

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

MishTalk

Draghize : "The test is credible because the ultimate purpose of it is to restore or strengthen private sector confidence in the soundness of the banks, in the quality of their balance sheets" Mish : The test is credible because we say it is. The Wall Street Journal posted a table of Participating Banks With a Shortfall.

Banking 28
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Why GE’s Jeff Immelt Lost His Job: Disruption and Activist Investors

Harvard Business

In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World ” and Eric Ries’s book The Lean Startup. He doubled GE’s investment in R&D. Comstock is out.

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

MishTalk

The Wall Street Journal offers 5 Takeaways from Mario Draghi’s News Conference. Keynesian Inflation Nonsense The Wall Street Journal points out " The annual inflation rate in the 19-country currency area has been far below the central bank’s medium-term target of just below 2% since late 2013. My comments follow these takeaways.