Invisible hand in action (anecdotes)

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French government bond futures

Trader @benoistrousseau andlil

Shock Doctrines

http://www.lemonde.fr/ameriques/article/2010/04/09/les-banques-a
reaction against Occupy

The Definitive Collection of Thomas Friedman Takedowns I’m Thomas Friedman and I think…hard. As my colleague and current couchmate Trevor Timm pointed out, it is ironic that today of all days I have chosen to compile the definitive collection of hilarious Thomas Friedman takedowns. Why today, you ask? The Definitive Collection of Thomas Friedman Takedowns
Mittal Florange

Ex-Lehman chief risk officer appointed World Bank treasurer The World Bank has appointed Madelyn Antoncic as its new vice president and treasurer. Ms Antoncic served as Lehman Brothers’ chief risk officer from 2002 to 2007 and following the collapse of the bank, stayed on for a year as managing director and senior advisor at the Lehman Estate, helping to maximise value for creditors. Having begun her career as an economist at the Federal Reserve Bank of New York, she has worked for Goldman Sachs in various posts (including head of market risk management), and for Barclays Capital, before joining Lehman Brothers in 1999. In her new role, Ms Antoncic will be responsible for maintaining the World Bank’s standing in financial markets and for managing an extensive client advisory, transaction, and asset management business. Ex-Lehman chief risk officer appointed World Bank treasurer
Neo-liberalism only helps the corporations, nobody else « Antony Loewenstein
Tell me this isn't loathesome: Credit Card Cleverness - The Base Thanks for visiting Viewsflow! Viewsflow is offline as of 21 July. We have been building out the algorithmic ranking technology we created for Viewsflow to develop PeerIndex, a service to identify the opinion leaders on the Web. PeerIndex has launched, please come visit and claim your profile and see how you compare against your friends. We thank you for your support of Viewsflow over the past nine months, and look forward to seeing you at PeerIndex . Tell me this isn't loathesome: Credit Card Cleverness - The Base
Blankfein of Goldman 'expecting $100m bonus' - Viewsflow Blankfein of Goldman 'expecting $100m bonus' - Viewsflow Thanks for visiting Viewsflow! Viewsflow is offline as of 21 July. We have been building out the algorithmic ranking technology we created for Viewsflow to develop PeerIndex, a service to identify the opinion leaders on the Web. PeerIndex has launched, please come visit and claim your profile and see how you compare against your friends.
Thanks for visiting Viewsflow! Viewsflow is offline as of 21 July. We have been building out the algorithmic ranking technology we created for Viewsflow to develop PeerIndex, a service to identify the opinion leaders on the Web. PeerIndex has launched, please come visit and claim your profile and see how you compare against your friends. We thank you for your support of Viewsflow over the past nine months, and look forward to seeing you at PeerIndex . We have a quick survey on your usage of Viewsflow that we would be grateful if you would fill in. The gang of five, and how they nearly ruined us - Viewsflow The gang of five, and how they nearly ruined us - Viewsflow
By Matthew Yglesias on February 12, 2010 at 8:31 am It seems that the law of one price does not apply to central bank chiefs: The Australia/New Zealand spread is especially dramatic. The convention, I guess, is that you can’t just recruit a central banker from abroad. But considering that Australia and Canada have outperformed the larger economies during this crisis and have low-wage central banks, it seems like someone might want to consider poaching one of those guys to run a bigger economy. Matthew Yglesias » Central Bank Salaries Matthew Yglesias » Central Bank Salaries
Grèce : le bal des hypocrites Grèce : le bal des hypocrites Le point de départ de cette nouvelle « affaire grecque » est un article du New York Times paru dans son édition du dimanche 14 février. L’article explique comment la banque d’affaires Goldman Sachs, encore elle, a monté en 2001-2002, pour le compte de la Grèce, une opération de "cross currency swap" destinée à diminuer artificiellement d’un milliard d’euros le montant de dette publique. Accrochez-vous. La Grèce émet un emprunt de dix milliards de dollars (ça aurait pu être du yen ou du franc suisse) en plusieurs tranches d’une durée de 15 à 20 ans, emprunt que Goldman Sachs a été chargée de changer en dollars avec les euros fournis par la Grèce. Elle le changera à nouveau au moment du remboursement en euros.
JP Morgan's Loss: The Explainer All I know is that everyone's really mad about this JP Morgan mess. What on earth happened? A JP Morgan trader, Bruno Iksil, has been accumulating a giant bet on U.S. corporate bonds. He used derivatives to do it, and he messed up the bet and lost $2 billion for the bank. He could end up losing $1 billion more if the market doesn't cooperate. JP Morgan's Loss: The Explainer
Hedge funds and the Whale, credit index edition
Bank Order Led to Losing Trades Bank Order Led to Losing Trades J.P. Morgan Chase & Co. told traders several months ago to make bets aimed at shielding the bank from the market fallout of Europe's deepening mess. But instead of shrinking the risk, their complicated bets backfired into losses of as much as $200 million a day in late April and early May, people familiar with the situation said. Regulators in the U.S. and U.K. are examining what went wrong, who is responsible and whether J.P....
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#flashcrash 6/5/2010

Elle perd son nouveau-né sur l'A20, faute de maternité près de chez elle