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financial markets Archive
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Bankers ride VWs to the top of the hill (and down again) - by frog
Financial market can do some good things but occasionally they get themselves in a right tizz and that leaves the rest of us spinning. Yesterday Volkswagon had such a huge price spike – its shares surged 150 percent on Monday and 93 percent on Tuesday or over €150 billion – that it briefly became the [...] read moreOctober 29, 2008 1:20 pm - 2 Comments -
The bailout - by frog
Given the just failed US$700 billion financial bailout was about preventing widespread poverty and economic turmoil I’ve been wondering whether the money couldn’t be better spent in other ways. Now that the bailout is dead maybe USA can afford to be inventive. For that kind of money you are talking about a fairly comprehensive free [...] read moreSeptember 30, 2008 10:43 am - 39 Comments
