by Tom | Oct 14, 2008 | Uncategorized
We knew that CDSes were toxic, and until October 21st, we won´t know who will go to the wall because of them (if anyone). However, Alt-A mortgages (where you don´t pay off all the interest each month for a few years) are ready to blow in 2010. I wonder how...
by Tom | Oct 14, 2008 | Uncategorized
I think Joel is right: make it unacceptable to game commissions and incentive structures and you probably have a happy company. Just putting more detailed steps in the incentive programme to stop gaming won´t work.
by Tom | Oct 9, 2008 | Uncategorized
A cracking set of images from the Big Picture. Not sure how to decide on one versus another. Amazing.
by Tom | Oct 6, 2008 | Uncategorized
Shocking pictures – they were in the Observer this weekend as well. A good destination for your charity money, I think.
by Tom | Oct 6, 2008 | Uncategorized
A great shot of a loop unfolding from the sun>.
