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Target Audience: Political junkies; decision makers for overseas assets; professionals who mitigate political risk in North America.
Content: US/Canada politics and its relations to macro economic environment; International politics; Fundraising & a
Recent Posts Tagged With 'banking'
Too Big To Be
Obama administration is finally using anti-trust as a treatment for “Too big to fail”. That is exactly what this blog asked for: http://poweranddollar.com/2009/03/27/anyone-understands-geithner/ Had Bush used this treatment during his time, sys...
Geithner: What Did You ACTUALLY Say?
http://www.reuters.com/article/newsOne/idUSTRE52O6JP20090325?sp=true Geithner had a hearing, not quite an announcement on future regulation framework. And you cannot get much out of a hearing. So, if you were looking for a pdf of details that ...
Detox Plan: Taxpayers Fund 93%
Geithner announced the Detox plan. Stocks went up for a great deal. Investors probably are hungry for any positive headlines and don’t really want to read the content. AP writes that the taxpayers will actually fund 93% of the purchase. ...
AIG The Sacrifice: The Reflection Of America’s Political Risk
I agree quite a few points of this article in regard to the AIG episode. Of course, nothing is perfect. I would change a word here: “It will certainly make Mr. Obama’s task much more difficult when he tries to sell the public [my vers...
Obama, How Much Per Job?
Obama’s message in the first presidential TV press conference was straight forward. Who was he talking to? Sure we all want get going with the recovery. Where is the problem? If there were not problem, Obama would not have been talking. ...
Gimmick? What Difference Does It Make?
Obama did not actually ask for pay limit. Obama pretty much asks for pay through options: exercise to sell the stocks when you pay back the money to the government. Obama also asks for more say for the shareholders. Some will say such an ask is...
Obama Administration Begins! (Or ?)
Obama settled on his economic team late Friday afternoon, sending Dow 400 points higher, just above 8,000 points. Then, news about Citi’s (NYSE:C) bailout came about. This news probably marks the beginning of Obama administration. Here is als...
Financial Crisis Now Carries A Political Premium
The financial crisis in America has over rode the presidential election to carry the most political risk in the global economy. While the American presidential election is a cyclical event and its political risks are more within control than many o...
Who Won? The Republicans Who Changed Their Votes!
A 3 page rescue package became 400 page rescue package. A lot of improvement? A lot of pork barrel? Are the lobbyists now worth the money of the clients? Who Changed the vote? Who did not? Anyway, the bill passed! There is 1 vacancy in...
Did You Want A Rejection?
The bailout plan got voted down: 205 vs 228. The House still cannot get a full house for such an important vote. Someone please check if those 2 seats are vacant. Are you upset that it got rejected? Some people are upset (S&P has fallen &...
Don’t Get Too Excited About $700B Bailout
How consequential is this bailout plan? For intra day trading activity, it matters. For anything beyond ½ year time frame, it is doubtful. $700B is about 6% of total US mortgage market ($12T). Paulson’s announcement did stop the s...
$700B buys a Wall Street PATRIOT ACT
Warren Buffet has called the credit derivatives the “financial weapons of mass desctruction”. To combat this financial weapon of mass destruction, Bush administration is getting another Patriot Act with a price tag of $700B. Pentagon runs abo...
Why AIG? Why Not Lehman?
Bush administration has been acting already. We just don’t know if the actions are effective. Why did the government bail out AIG (NYSE: AIG) and not Lehman (NYSE: LEH)? And now with US$180B from central banks all over the place, would th...
The Danger Of The Merrill Purchase To You
“Thank God, they bailed out AIG”? Can we say “Thank God, Bank of America bought Merrill”? Do you think the Merrill (NYSE:MER) take-over by Bank of America (NYSE:BAC) is better than the bankruptcy of Lehman (NYSE:LEH)? Because at least the...
Where Do Mccain And Obama Want To Go With This?
Lehman was still crying about loss of the Korean (KDC, sold at SEO, not in any of the US exchanges) sale last Friday. And now, poof, gone! Merrill is now a subsidiary of Bank of America! Certainly buying Merrill is a smarter buy when one compar...
What about the bank insolvencies?
No, not a bank insolvency but bank insolvencies. It is not just Indymac, but also Freddie and Fannie. Taking over will also create more national debt, by 1/3. This will make USD fall even further; gas goes higher; imports more expensive. ...
