by Jason Apollo Voss | 30 09 2009 | Best of the Blog, Blog
Yesterday the International Monetary Fund (IMF) disclosed its estimate of future bank losses due to the BURSTING of the mortgage bubble. The number: $1.5 trillion. Not exactly chump change. This amount is, however, $600 billion less than its April forecast. The...
by Jason Apollo Voss | 25 09 2009 | Best of the Blog, Blog
Happy Friday everyone. I hope that this post finds all of you doing well. I wanted to make a few brief comments about the environment, especially as it applies to our modern capitalist economy. Primarily the focus is on two things that dramatically affect the...
by Jason Apollo Voss | 13 09 2009 | Best of the Blog, Blog
Let’s step slightly outside the bounds of finance and talk about something that distresses me; something not often discussed in our culture. Namely, our culture of lying. I bring this up, not to moralize (because that’s not me), but to send up a corrupting...
by Jason Apollo Voss | 24 08 2009 | Best of the Blog, Blog
Monday’s Wall Street Journal carried a story about a sleazy practice on the part of Goldman Sachs. The piece states that Goldman analysts regularly report stock tips at “trading huddles” in advance of a public declaration in research reports. This...
by Jason Apollo Voss | 14 08 2009 | Best of the Blog, Blog
The financial markets have had several sizable selloffs in the last week. Thank goodness. Because the second quarter earnings season is essentially over, the emphasis now shifts from responding to the economic-wide insights provided by businesses in their earnings...
by Jason Apollo Voss | 10 08 2009 | Best of the Blog, Blog
I have been reading the business and economic news with interest over the last several weeks. Increasingly there are a lot of stories that contradict one another in the same newspaper and on the same day. This reporting regards the state of the economy and usually...
