According to a recent New York Times editorial, US Treasury Secretary Timothy Geithner is calling for hedge funds and private equity firms based in the USA to register with the Securities and Exchange Commission (SEC).
LMF Theory suggests that fund managers are safe, and this latest threat is like so many others emanating from the Halls [...]
Posted on 26 March 2009, 17:08, by CWE, under
Immigration.
Apparently, someone at Business Week has been reading this blog.
A reader has forwarded the following:
“BusinessWeek has a whole series this week on the American proto-brain
drain you and I have already discussed, that of foreign students not
coming here like they used to.”
World to U.S. B-Schools: Thanks, but No Thanks
http://newsletters.businessweek.com/c.asp?757709&33d14138ada8a840&24
Why the U.S. Is Losing Foreign Grads
http://newsletters.businessweek.com/c.asp?757709&33d14138ada8a840&25
Report: Losing [...]
At the foundation of economics is the concept of supply and demand, which we commonly model with a graph that has an upward-sloping — sometimes vertical — supply curve, a downward-sloping demand curve, price indexed on one axis (by convention, the vertical), and quantity indexed on the other axis (by convention, the horizontal). The [...]
Independent economic policy analyst, Geoff Gitlen, has suggested an intriguing solution for future banking crises: reorganize all banks as non-profit organizations.
In the past one would have specified commercial banks, as distinct from investment banks, but the big investment banks in the USA opted at the end of 2008 to reorganize as commercial banks and to [...]
background : options
In finance, an option is a contract that confers on a buyer the right — but not the obligation — to buy or to sell a specified asset (known as the underlying asset) on or before a specified time (known as the maturity date) at a specified price (known as the strike price). [...]
This is a follow-up to my “Here There Be, Like Such As, Four Horses of the Apocalypse!”
In case you missed it the first time, Vivek Wadhwa, one of the authors of a recent study on the reversal on the pattern of immigration in the USA among highly skilled and educated immigrants (warning: PDF), writes in [...]
Posted on 3 March 2009, 23:40, by CWE, under
Immigration.
18 February 2009 I posted the following observation in my “Here There Be, Like Such As, Dragons!” post: “While the USA is still a net magnet for immigration, any sign of either US-resident non-US citizens leaving in large numbers, or more subtly, a fall-off in the over-subscription of immigration applications should be taken as a [...]
A friend has brought the recent unpleasantness in Guadeloupe to my attention. “Trouble broke out on the island earlier last month after protesters began rioting over high prices and low wages. But the situation escalated this week after protesters began turning on rich white families as they demanded an end to colonial control [...]
Posted on 3 March 2009, 13:29, by CWE, under
LMF Theory.
“Read my lips: No new taxes!” George H.W. Bush, 18 August 1988
“I am not running for president. I am not running for president in four years. I am not running for president in 2008.” Barack Obama, 3 November 2004
“Regulators Say They Don’t Want to Own Banks.” David Katz, CFO.com, 23 February 2009 [...]