INSIDE JOB got it half-right and, as such, is half-way worth viewing. Yes, the banks and government regulators and mortgage loan companies and Democrats and Republicans were all to blame. But the finger is not pointed at Andrew Cuomo et al who pushed for the sub-prime loan explosion in...
Evidently, that is where they started, and while the initial growth was slow and steady, recent decades have seen the company advance from being a notable presence, to pretty much dominating the market.With entire franchises like the MCU, Star Wars, and plenty of other IPs under their belt...
After several volatile months due to hurricanes and labor strikes, the job market found its footing in November, with payroll growth reported across most industries. The team considers the report's implications for monetary policy and the long-run interest rate outlook. With all of the policy ...
Deregulation supports the efficient market theory in economics that states that financial markets are "informationally efficient" with prices accurately reflecting the value of a company of stock, the less taxes and regulation the more accurately price reflects value. NOTE: This began in the Reagan ...
“while a Berkshire is hardly going to be as profitable as a Xerox, Fairchild Camera or National Video in a hypertensed market, it is a very comfortable sort of thing to own.”6 All things considered, it seems to me like a very sensible investment as a net-net type of investment at ...
FED UP — “Fed’s Powell Ready to Support Job Market, Even If It Means Lingering Inflation,” by Bloomberg’s Rich Miller: “Historically, once unemployment starts climbing, it goes up by a lot, as companies follow each other in announcing layoffs. By holding out the possibility of lower...
While numerous studies document existing racial labor-market gaps in a range of contexts (e.g., Lang and Manove 2011; Kline et al. 2022), little is known about how racist pressures can directly affect performance and contribute to creating those gaps in the first place. The natural ...
individual management preferences (some people don’t like the market — selling, negotiating — and prefer long-term contracts), search costs (it takes time to find good contractors), and many others. But the general idea is that there are gains to coordination when transaction costs are suffi...
Due to the recent market volatility and changes in the market sentiments of the pandemic, the market price of securities investment during the Year was in general lower than the beginning of the Year. The unrealised fair value change is a non-cash item an...
Towards the end of the century, the IIEB talks were more concerned with the impact of the euro, the growing derivatives market and M&A deals between big banks. “There are only a small number of photos from the gatherings in the archives, which are mainly from dinners, cocktails evenings ...