When it comes to the sweeping of (trillions of) toxic assets until such time as the ECB starts purchasing not only government bonds but equities, bank loans and really anything else that in a normal world would have some "mark to market" value, Europe had a ready answer: bad banks. Show More Summary
``So, doing what it does best, a month after the fact and long after the black swans have left the stable so to speak, Mario Draghi's ECB has asked Eurozone banks "to detail their exposure to Austria and provisions they plan to make after the country halted debt repayments by a "bad bank" winding down defunct lender Hypo Alpe Adria," financial sources told Reuters.''
Nearly a month after the Hype Alpe Adria bad bank Heta Asset Resolution "unexpectedly" imploded under a house of non-GAAP and misreported cards, and which led to only the second European creditor bail-in after Cyprus in what until then...Show More Summary
For those who recall our summary of the most popular article of 2014, there was one common theme:" what readers founds most fascinating, and troubling, was the increasing preponderance of social disobedience, of covert, proxy or outright...Show More Summary
Repeat after us: the biggest threat facing Europe's banking system is not a Grexit, is not the Austrian "bad bank" black swan (although it is pretty bad), it is the trillions in non-performing loans on the balance sheets of EuropeanShow More Summary
My office has four walls, three of which are mirror-lined. I stare at myself wearing some combination of lycra/modal/spandex for eight hours a day, together with my 29 coworkers. We're each attempting to correctly execute steps based...Show More Summary
So in 2011 I wrote about a book called The Black Swan, by Nassim Taleb. good book. He now considers it an appendix […]
Precisely one week ago in "A Black Swan Lands In Southern Austria: The Ripple Effects Of "Mini-Greece Going Off In The Heartland Of Europe", when analyzing the consequences of the collapse of Austria's bad bank, we noted perhaps theShow More Summary
In 2009 I wrote the following: I’ve recently become very interested in Nassim Taleb’s idea of The Black Swan. The Black Swan is an unforeseen and unpredictable event that has an enormous impact on society. There is no way to predict the coming of a black swan event, but history has shown us again and again that these events occur with regularity. Show More Summary
By far the most notable news of the past week, which has still gone largely unnoticed by the greater investing community whose focus instead was on whether algos would ramp the Nasdaq to 5000, and keep the S&P above 2100, even before...Show More Summary
Submitted by Henry Bonner via Sprott Global Resource Investments, Richard Maybury has been predicting ‘black swan’ events in his newsletter Early Warning Report for the last two decades. In a recent conversation, he put his finger on something happening around the world. Show More Summary
Although Black Swan was directed by Darren Aronofsky and Birdman was helmed by Alejandro González Iñárritu, it’s pretty easy to see similarities between the two Oscar-nominated (Birdman won the Oscar for Best Picture too) films. Miguel Branco noticed the similarities and created this video showing it off side by side. More »
Film editor Michael Branco (previously) has created “BLACKBIRD“, a brief but beautiful side-by-side visual comparison of the films Birdman by Alejandro G. Iñárritu and Black Swan by Darren Aronofsky–both of which explore the psyche behind the individual as performer. While watching Birdman recently, I realized how similar it was to Black Swan decided to purchase […]
The parallels between Birdman and Black Swan were quickly apparent, as both films feature lead characters with theatrical ambitions who are haunted by bird or bird-like specters. An editor has now presented shots from the two films side...Show More Summary
Ever since Iñárritu's Birdman won Best Picture (and a bunch of other Oscars) a week ago, the film has received plenty of criticism and negativity. I, however, will defend the film as I think it's an exciting and original look at the struggles of artistry, told through the opening of a stage performance. Show More Summary
Tuesdays here at Abnormal Returns is all about startup/venture capital links. You can check out last week’s links including a look at...
Beyond the avian imagery, Birdman and Black Swan have a lot in common. Two stars, two opening nights, two perfectionists and one stage. "The Visual Similarities of Birdman and Black Swan" was originally published on Film School Rejects for our wonderful readers to enjoy. Show More Summary
Every day, Daily Downloads offers 10 free and legal mp3 downloads. Today's free and legal mp3 downloads: Andy Kidd: "Black Swan" [mp3] Blind Lake: "Walk Beside Me" [mp3] from On Earth (out June 9th) Cathedrals: Blush Remix EP [mp3] Church...
The global economy can deliver a jolt to stock markets at any moment. These "Black Swan" events are hard to predict or anticipate, but are always on the back of our minds.
The Patsy Reid Band The Black Swan February 12, 2015 Scottish fiddler Patsy Reid forged her reputation as a co-founder of Breabach, but took her leave from this thriving folk combo in 2011. Now, she's leading her own new-ish small outfit, deliberately treading the familiar furrow of the traditional...