#finance
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Image via Wikipedia Yesterday I posted about how the current financial crisis was an opportunity to learn about how the global financial markets function. Another great resource for digging deeper is Charlie Rose‘s show on PBS. Last night he had Citibank CEO Vikram Pandit on for the hour. As one would expect from a CEO…
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Image by LunaDiRimmel via Flickr Over the last few months, we’ve seen a roller coaster ride of unequaled magnitude in the financial markets. Having been in the institutional banking world myself, I’ve had many friends and colleagues ask me if I can make sense of what is going on out there. Many are just worn…
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Vanity Fair is running a lengthy piece on the events leading to the collapse of Bear Sterns. It’s worth reading: Bringing Down Bear Stearns: Politics & Power: vanityfair.com On Monday, March 10, the rumor started: Bear Stearns was having liquidity problems. In fact, the maverick investment bank had around $18 billion in cash reserves. But…
nitin badjatia 