Bronte Capital

Paul Kelly – an Australian poet troubadour howls about addiction: babe – I can’t find a vein . I know how he feels. One reader is wo...

In a previous post I referred to a history of US finance I wrote in the first half of 2007. Most (but by no means all) of that document re...

Alejandro Valverde a pre-race favourite who rides for the Caisse d’Epargne cycling team in le Tour de France blew up on the mountain top f...

We all make mistakes. I have made two substantial mistakes I know about in doing this blog. (There are probably more I do not know about.) ...

This post is deleted. It is wrong. I much appreciate people indicating mistakes. I am kind of embarrased about that one... J

In my post about the Japanese bank collapse I showed how insolvent banks could remain liquid and hence operating for decades provided that...

Whoa big news just after I write about Spanish banks . Santander is buying Alliance and Leicester . That fits with Santander ’s other ...

If it were not for Fannie Mae and Freddie Mac going insolvent this would be the biggest financial story in the world today. Spain can’t...

Given what is happening with Fannie Mae at the moment I should share a little of the history of non-US bank bail outs. I will start with J...

I walked into the local corner shop in Bronte. In pride of place there was a copy of the Trading Post for sale. Timber that had gone th...