Blog Profile / Moral Hazard
| URL : | http://blogs.forbes.com/afontevecchia/ | |
|---|---|---|
| Filed Under: | News | |
| Posts on Regator: | 1216 | |
| Posts / Week: | 10.4 | |
| Archived Since: | February 24, 2011 | |
Blog Post Archive
Colombian Banking Star Gilinski Joins The Ranks Of The Uber Rich
’s economy has grown at an average 6.7% over the past ten years, giving those with the right set of skills and an entrepreneurial mindset the opportunity to make a lot of money. That in part explains how Jaime Gilinski Bacal managed to leverage what were a pair of successful industrial ventures launched by his [...]
Bernanke Loves Detroit! Ford And Chrysler See Best February In 5 Years As GM Beats
The auto industry is firing on all cylinders on the back of cheap credit fueled by the Federal Reserve. Ford and Chrysler had their best February in at least five years, while GM beat analysts' estimates and Toyota gained in sales.
Ben Bernanke To House Republicans: QE Helps Average Americans, Not Wall Street
Fed Chairman Ben Bernanke headed to Capitol Hill to be grilled by House Represnetatives, who accused him of taking policies that hurt savers and sparked inflation. Bernanke replied by saying his policies support the economy as a who...
Italian Circus: S&P Says Silvio’s Return And Comedian’s Ascent Don’t Affect Credit Rating
The credit rating agency said on Tuesday that despite the prospects of un-governability in Italy, given the large stock of votes drawn by comedian Beppe Grillo and former PM Silvio Berlusconi, the Eurozone's third largest economy will retain its credit rating.
Bernanke Admits QE Distorts Markets, Brags Of ‘Best’ Inflation Record As Fed Chairman
Fed Chairman Ben Bernanke faced the Sentate's banking committee on Tuesday, where he made an impassioned defense of quantitative easing and ultra-low rates, while admitting the possibility of an inflationary spiral and market distortion.
Affymax Crushed After Fatal Drug Recalled; Bleeding Cash, The Company Could Be Done For
Affymax fell off a cliff, its stock plunging more than 80% on Monday, after recalling its single product, anemia drug Omontys. The company is depending on its cash pile, but could soon face extinction.
Mortgage Settlement: Step Aside Dimon And Moynihan, Only Ally Has Paid Its Share
The wathcdog of the landmark $20 billion mortgage settlement released a progress report showing that only Ally has fully complied with its required borrower relief, leaving Citigroup, Wells Fargo, JPMorgan Chase, and Bank of America still to pay.
AIG Digests $2B Hurricane Sandy Loss To Handily Beat Profit Estimates
AIG delivered a solid earnings beat despite taking a big hit from Hurricane Sandy in the fourth quarter.
U.S Stocks Take It On The Chin As Fed Threatens To Take Away QE; Oil Tanks Again
It wasn't a good Thursday for investors, as US stock markets fell hard for a second consecutive session, along with commodities and crude oil in particular. Fear over the Fed cutting QE ahead of time, the sequester cuts, and Wal-Mart indicating consumer weakness helped fuel the rout.
Crude Oil Tanks On Hedge Fund Liquidation Rumors
Crude oil took a hard fall on Wednesday as rumors that a hedge fund liquidating positions brought the whole complex down.
Not Even Alicia Keys Can Save BlackBerry As Supply Constraints Cap Sales
After releasing the new Blackberry 10s to much fanfare, the companies is disappointing on the sale side as supply constraints, weak demand, and modest carrier support hurts has limited deliveries of the new models.
Italian Elections: Berlusconi’s Siren Calls And The Return Of The European Crisis
The coming Italian elections promise to unsettle markets as political risk surges. Former PM Silvio Berlusconi is back, rattling the hornet's nest and eating in on front-runner Pier Luigi Bersani's lead by promising to cut taxes.
Liberty Global To Buy Virgin Media For $23B As Billionaire John Malone Challenges Murdoch
Liberty Global announced it is buying Virgin Media for more than $23 billion, giving John Malone's group an interesting entry point to major European markets and pitting him against media mogul Rupert Murdoch.
BP Fighting A Two Front War As Macondo Continues To Bite And Production Drops
BP posted a decent fourth quarter as it marches on with its transition in a post-Macondo world. Still facing important charges after having put down more than $40 billion for the accident, the British oil giant is also struggling with production, while refining improves.
Spain’s Rajoy Accused Of Receiving Illegal Cash Payments As Corruption Scandal Widens
Spanish Prime Minister Mariano Rajoy has been hit by a corruption scandal involving his Popular Party. Accused of receiving illicit cash payments backed by a construction company, Rajoy promised to release his tax returns to clear his name.
Solid January For Detroit As GM Predicts A Record Year; Toyota’s Sales Surge
January was a strong month for the auto industry, emboldened after a solid 2012. GM remains number one, but Ford and Toyota delivered impressive growth numbers, while Chrysler is still in the game.
Exxon, Chevron And Why The Future Of Big Oil Should Include Refining And Chemicals
Exxon and Chevron, the two largest U.S. energy companies, had decent fourth quarters, but derived strength from their refining and chemical operations, which recently have been shunned by the industry as firms spin off their downstream units.
Vegas Is Back Baby! Wynn Suffers China Slowdown In Macau As Sin City Shines
Wynn Resorts delivered a mixed fourth quarter, suffering in Macau as China faced an economic slowdown, but outperforming in Las Vegas as the U.S. continued on its path to recovery.
Dunkin’s Asset-Light Platform For Franchisee Entrepreneurs Pushes It Past Competitors
Dunkin' Brands has done a good job at growing since coming public in mid-2011, building a solid business model based on a platform that tackles basic business problems for entrepreneurs to become franchisees and grow the brand.
FOMC: Fed Warns Of Halted Economy And Disinflation; QEternity Is Here To Stay
The Federal Reserve concluded its two-day FOMC meeting, confirming quantitative easing is here to stay as the economy grinded to a halt toward the end of last year.