The focus continues to be the financial crisis and on possible financial and political paths.
Archive for September, 2008
The Wall Street Journal September 23, 2008
Posted in Summary on September 23, 2008 | Leave a Comment »
The Wall Street Journal September 22 2008
Posted in Summary on September 23, 2008 | Leave a Comment »
The financial crisis dominates article after article. While important, the crises is already well covered.
The Wall Street Journal September 20-21 2008
Posted in Summary on September 23, 2008 | Leave a Comment »
More of the same.
The Wall Street Journal September 19 2008
Posted in Summary on September 22, 2008 | Leave a Comment »
More of the same.
The Wall Street Journal September 18 2008
Posted in Summary on September 21, 2008 | Leave a Comment »
Not much of interest. China’s product safety, Russia’s imploding economy, AIG and larger financial crises.
The Wall Street Journal September 17 2008
Posted in Summary on September 21, 2008 | Leave a Comment »
Intellectual Ventures
Nathan Myhrvold has always been an advocate of the “subscription model” for software, and through Intellectual Ventures he is basically doing that for intellectual property via patents. Why bother with a messy product development and marketing cycle when you can collect your IP tax on the successful cycles of others?
Because the cost of legal [...]
The Wall Street Journal September 16 2008
Posted in Summary on September 21, 2008 | Leave a Comment »
Old-School Banks Remain
The risk-accepting side of the banking industry as it has existed for the last 200 years is ceasing to exist leaving the risk-adverse side of banking to preside over the remains. Of the five major independent investment banks that existed a year ago, only Goldman Sachs and Morgan Stanley remain intact.
Draft Board
The Selective [...]
The Economist September 13th-19th 2008
Posted in Summary on September 21, 2008 | Leave a Comment »
Pakistan
Asif Zardari is the new president of Pakistan. The economy is in crises, the war against the local Taliban is going badly, and Zardari carries a reputation of being less interested in running wisely than in looting greedily. It could be a short, chaotic, and disastrous presidency.
Thus far, he has a sensible stabilization plan, but [...]
The Wall Street Journal September 15, 2008
Posted in Summary on September 21, 2008 | Leave a Comment »
There are posts about the election and the ongoing financial crises. Oil falls below $100 per barrel.
Georiga
Russian troops finally pull back in Georgia as Russia begins to take steps to put the affair behind it.
The Wall Street Journal September 13-14, 2008
Posted in Summary on September 21, 2008 | Leave a Comment »
Economy
Lehman Brothers, Merrill Lynch, AIG, and WaMu are in trouble.
South America
A diplomatic confrontation has formed between the U.S. and a South America bloc including Venezuela, Bolivia, Ecuador, Nicaragua, and Honduras. Venezula is tightly allied with FARC which has been trying to overthrow Columbian government for fifty years. Venezuela’s Hugo Châvez faces elections in November.
Gene [...]