Evidence of Banks Manipulating Important Interest Rate

Posted by Jason Apollo Voss on Apr 18, 2011 in Blog | 0 comments LIBOR, or the London Inter-Bank Offering Rate, is one of the world’s benchmark interest rates.  It is used in many banking transactions around the world to establish the interest rate to be paid, especially for institutional banks.  In fact, it helps determine interest rates for approximately $10 trillion (!) of loans and, get ready for it, $350 trillion worth of derivatives contracts...
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Official Chinese Inflation Has to Be Understated

Posted by Jason Apollo Voss on Apr 16, 2011 in Blog | 0 comments Chinese official inflation statistics released yesterday show that overall consumer prices were up 5.4%.  This is the highest level since July 2008. Analysis: I have been saying for quite some time that China is in the midst of a massive asset bubble – comparable to the one experienced by the First World in 2008-2009.  I have also long stated that the Chinese government manipulates its...
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Wall Street and the Financial Crisis-19 Recommendations for Change

Posted by Jason Apollo Voss on Apr 15, 2011 in Blog | 0 comments Yesterday I quoted the preamble to the Senate Subcommittee on Investigation’s Wall Street and the Financial Crisis and promised that I would review each of the 19 Recommendations for Change contained in that document.  Here are each of the proposed measures and my opinion about them… LENDERS 1.  Ensure “qualified mortgages” are low risk. Federal regulators should use...
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Wall Street and the Financial Crisis-Anatomy of a Financial Collapse

Posted by Jason Apollo Voss on Apr 14, 2011 in Blog | 2 comments Yesterday the United States Senate’s Permanent Subcommittee on Investigations, chaired by Carl Levin and minority member, Tom Coburn, released a 650 page document entitled Wall Street and the Financial Crisis: Anatomy of a Financial Collapse.  In short, the document firmly lays the blame for the financial collapse of mortgage markets worldwide and the resulting onset of the Great Recession...
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Our Culture of Lying, Deutsche Bank Style

Posted by Jason Apollo Voss on Apr 13, 2011 in Blog | 0 comments For several years now I have decried the slow slip sliding away of ethics in American culture.  At its core, capitalism relies upon trust on the part of both buyer and seller.  Sans trust the transaction either doesn’t happen, or the price of the transaction is much higher.  When businesses do things that are untrustworthy, and get away with it, they raise the cost of doing business for...
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Investing Lessons From Da Vinci and Edison, part two

Posted by Jason Apollo Voss on Apr 12, 2011 in Blog | 0 comments Here is part two of my interview with Michael J. Gelb, expert about both Leonardo Da Vinci and Thomas A. Edison… Although Leonardo’s principles are profoundly relevant for the development of human potential and organizational creativity the Maestro was concerned with pure truth, beauty and goodness, whereas Edison was more focused on applying creativity to generate wealth.  Edison noted, “...
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Investing Lessons From Da Vinci and Edison

Posted by Jason Apollo Voss on Apr 11, 2011 in Blog | 0 comments As I discuss in my book The Intuitive Investor: A Radical Guide for Manifesting Wealth in my almost two decades as a successful investor I have discovered that the most important investing skill is: understanding information.  This is because information is the basis for investment evaluation and investment decisions. Understanding information well equips investors to recognize when they don’t...
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