Taken from a PowerPoint Slideshow with unknown authorship sent by one of our cohorts, it explains in a cartoon presentation what many of us have been trying to understand in simple terms - what the subprime mortgage market has, how it seems to work, and why it may be causing the disasters we are now seeing.
ACSian High Finance Comments: Financial Engineering: A Primer on SubPrime Mortgages
Sunday, October 12, 2008
ACSian High Finance Comments: All That Money You've Lost - Where Did IT go?
With all the losses in the stock market, housing values, and just about everything else except what you owe, who is getting rich? This article claims that it has simply disappeared....
it is a little tough to swallow...
ACSian High Finance Comments: All That Money You've Lost - Where Did IT go?
it is a little tough to swallow...
ACSian High Finance Comments: All That Money You've Lost - Where Did IT go?
Saturday, October 11, 2008
Tuesday, October 7, 2008
[ACSians] Launch of ACSian High Finance Comments Blog
Various ACSians have offered jokes, comments and articles about the current financial crises. With the addition of an item today by none other than our cohort Linda Lim that was published in the Yale University website, the blog http://acsian-finance-comments.blogspot.com/ in now ready for reading by the general public. Linda discusses if Asia can rescue the global economy.
Given that so many of our cohorts and classmates are in the banking, finance and economy related businesses, comments and articles from all are welcome - I believe the comments reflected make more sense than the testimony of the CEOs of some of these high flying companies to US Congress. You may choose a pen name, your real name, or remain anonymous.
Given that so many of our cohorts and classmates are in the banking, finance and economy related businesses, comments and articles from all are welcome - I believe the comments reflected make more sense than the testimony of the CEOs of some of these high flying companies to US Congress. You may choose a pen name, your real name, or remain anonymous.
The Other Wall
Where in the world is the other great wall besides the one we always hear about? Check it out here
No Starbucks in BA
Check out Winnie's posting on how to get around the lack of Starbucks in BA..... where in the world is BA? (Worthless prize for the first person to get it right by recording it here in the comments section.)
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