Interest Rate Manipulation

For the first time ever the Danish Central Bank cut its deposit rate (the amount of interest paid to people/companies and other entities who deposit money at the bank) to a NEGATIVE 0.2% !! In other words it costs money to put your money in the bank. I know why they...

The latest from Carmen Reinhart

If you don’t know who Carmen Reinhart is, she wrote a book with Kenneth S Rogoff This Time is Different Eight Centuries of Financial Folly. She is speaking at the 10th INFINITI conference in Dublin Ireland.  The conference is on International Finance.  Megan...

Things you discover in Bankruptcy – Kodak Edition

When a company goes bankrupt really weird and unusual things can come out in the filings. In this case Kodak had a nuclear reactor sitting in basement. Details can be found here.   Share:Click to share on Facebook (Opens in new window)Click to share on Twitter...

Cliff Diving

There is a great summary at Pragmatic Capitalism on the end of year Fiscal Cliff.  There are lots of tax code and policy expirations at the end of the year.  They will have an impact on the markets and as we get closer you will see more and more articles and...