Financial (in)Security?

By |2012-10-15T10:14:07+00:00October 15th, 2012|Classical Investing, Global Market Update|

Financial (in)Security? Is securitization a boon or a bane? Securitization is one of those five-dollar words that gets leaves people scratching their heads. It’s been alternately described as the greatest financial innovation since double-entry accounting or as the worst banking product since the Bombay-based call-center. […]

A Hopeful Story

By |2014-09-12T10:34:18+00:00December 17th, 2011|Classical Investing, Global Market Update|

The lights dim, the audience quiets. The notes of the overture begin. As the symphonic introduction winds down, anticipation builds. Soon the words to the first recitation are sung: “Comfort ye, comfort ye my people.  Speak kindly and cry out that her warfare is ended, that her sin is pardoned.” […]