Bronte Capital
The sometimes eccentric views of John Hempton
Thursday, January 29, 2009
Freshwater and Saltwater: macroeconomic theory and losing money
›
Background for the non economists. In 1976 Robert Hall christened the central schism in macroeconomic thought as being between the freshwat...
6 comments:
Wednesday, January 28, 2009
Scandinavian bank collapse - not all the same
›
Do not bother reading this post unless you are directly interested in a history of Norwegian versus Swedish bank collapses... It seems that ...
2 comments:
The perfect appointment
›
I have – framed above my desk – a $100,000,000 note – serial number AA23100220 and signed by Dr G Gono – the Governor of the Reserve Bank of...
7 comments:
What is a non-performing loan?
›
Once upon a time I saw loan restructurings as code for faking the accounts. That was with good justification. Conseco – before it blew up –...
6 comments:
Tuesday, January 27, 2009
Cute
›
By far the best reaction to the helicopter post from one of my favourite bloggers. See Cassandra . John
Reaction to the Helicopter post
›
The helicopter post has had the most reaction of any post on this blog. I guess that is the territory when you suggest that the solution t...
15 comments:
Monday, January 26, 2009
Why the Federal Reserve should LITERALLY throw money out of helicopters
›
Cassandra (who normally does Tokyo) has a diary note in which (s)he explains – in layman’s terms – why the Fed printing all that money (exp...
52 comments:
Saturday, January 24, 2009
Felix Salmon asks the question: is nationlisation contagious?
›
The answer to that is YES if it is done without giving existing capital holders the belief that they are being treated fairly. (See Felix...
6 comments:
Friday, January 23, 2009
Scandinavian bank nationalisation and due process
›
The proposal in my nationalisation after due process post the proposal I gave was not new. I probably should have pointed out it had a pre...
6 comments:
Thursday, January 22, 2009
The last bank with an antidilution clause...
›
Was Washington Mutual. It caused them no end of trouble. Barclays has one. http://business.timesonline.co.uk/tol/business/industry_sectors/...
5 comments:
‹
›
Home
View web version