-
Recent Posts
Recent Comments
- Thomas Esmond Knox on ZOMBIE BEAR INDEX: THE PERPETUAL CRISIS MACHINE
Archives
Categories
Meta
Monthly Archives: September 2011
ZOMBIE BEAR INDEX UPDATE
See here for the introduction to the ZBI. Feeling like fall 2007 all over again. I remember sitting with some MDs from Megabank and Uberbank at a law firm party in September 07 (ice sculpture, mongo-trendy food items like flash-dried … Continue reading
Posted in Zombie Bear Index
Leave a comment
THE FUTURE OF BANKING OR BANKING IN THE FUTURE
Regular visitors may realize that I frequently give a shout-out to sci-fi shows or literature, especially the cheesy kind. As a kid I loved fantasy and science fiction (still do), but when I reached the age of 11 I started … Continue reading
Posted in Uncategorized
Leave a comment
BOOK REPORT: GODS OF GREENWICH
You may well be hiding under the desk at this point. Which will blow up the world, Europe or the banks with significant litigation exposure? Or the banks with European and litigation exposure? When you send Josh the intern out … Continue reading
Posted in Arts and Culture
Leave a comment
ZOMBIE BANKS: AN EVOLVING DEFINITION
Back in 2009, Secretary Geithner wisely declined either to define the term “zombie bank” or to categorize any given institution as zombified. A September 2009 hearing of the Congressional Oversight Panel included this exchange: Mr. SILVERS: So I want to … Continue reading
Posted in Banking, Zombies in General
Leave a comment
ZOMBIE BEAR INDEX UPDATE
See here for the introduction to the ZBI. This could be another super-hairy zombie week on the markets, especially with respect to financials. Inadequate provisions for improperly-assembled and -managed mortgage-backed securities. I thought Europe was going to stay at the … Continue reading
Posted in Uncategorized
Leave a comment