In a podcast published a few weeks ago, NPR Moneys interviewed Niall Ferguson (author of The Ascent of Money,). I summarized below some of the key ideas highlighted in the discussion: Bank assets. Most of those assets are banks loans. It’s the money banks lent to their clients. This means bank customers’ liabilities. Bank assets [...]
Tag Archive for 'finance'
The following interactive graphics on FT.com gives an interesting view of the weight of Bank/Finance in main European countries. This page highlights some special situation. For instance in Iceland, the total 2007 asset of the main Bank (Kaupthing) is equal to 623 % of the GDP of the country. FT.com / Video & Audio [...]
A funny presentation that explains Subprime
Published by February 18th, 2008 in Fun and Web. 0 CommentsThe presentation below from Google docs explains the way Subprime worked. This is a rather complex system. But all the system bears on a very simple assumption: House prices should always increase. Of course it couldn’t work for ever. Subprime Explained – Google Documents
The New York Times made a graph that shows the impact of school networking in the world of Wall Street: This graph made me also discover Oliver Sarkozy (brother of actual french president) among the banker who will count tomorrow
