Archive for September, 2008

Goldman Sachs raises $5 Billion from Warren Buffet »

What do you do when you are down in the dumps and no one will lend you capital? Well, you can either start selling your assets or you can lean on the shoulder of your richest friends who were sceptical of the entire mortgage market. That’s what Goldman Sachs has managed to do and thus [...]

A Need for a USA Bailout Penalty? »

I have a few friends in the United States and they are constantly emailing me with all sorts of updates regarding the ‘State of the Economic Nation’. One of biggest trends that came out over the weekend from all the information I was sent was a concerning, but perhaps, realistic ‘common man’s’ view of the [...]

ASX Short Selling Ban - What does it mean for you? »

If you have been reading the Australian and International papers recently, you will have heard that both the US and UK markets have placed a ‘temporary’ ban on short selling in an attempt to reduce the overall volatility in the markets. Short Selling, by its inherent nature, relies on volatility as the primary element to [...]

How to Weather the Financial Storm »

With all the emails yesterday about the Lehman Brothers collapse, the acquisition of Merrill Lynch by the Bank of America and the US Federal Reverse and Treasury’s overnight emergency resuscitation of the American International Group (AIG) with an $85 Billion USD breath of air - I thought I would put up a post about some of the [...]

Is the world going to end …. ? Of course not. »

I have been in discussion with a lot of people today about the potential fall out from the Lehman Brothers spectacular bankruptcy filing in New York. The Dow Jones fell 504 points overnight and the ASX is now down substantially for the day - approximately 120 points when I last checked. With all the other [...]