May 14, 2012

BANCO SECOND EPISODE

All the talk about Jamie and J.P. Morgan’s strength. One wonders about the relative strength of JP CHASE in the last crises and since. Has Jamie used the flexible accounting regulations to…

May 14, 2012

BANCO: Jamie, Jamie, Jamie

Despite our suffering during the last four years with your most supreme arrogance and hubris we applaud you as the king of a corrupt system, a system where: 1) Derivatives outstanding…

April 20, 2012

A Curious Arbitrage

by Asher B. Edelman An interesting fight looms in Congress. The Tea Party lead Republicans are fighting to double the interest rates on student loans to 6.8%. The Treasury (U.S….

April 19, 2012

AGHAST – A Four Year Review of Musings and Musings on the Present

by Asher B. Edelman April 8, 2008 I said the financial system would need at least 100 times the $30 billion advertised by the Fed as the ultimate need to…

March 29, 2012

Mary Abbott: A Wake Up Call

Unwrapping the paintings for our “Abstraction” exhibition, I had a shock or at least a wonderful surprise. I called to my associates and said, “Wow, who of you managed to…

January 20, 2012

Greece: Voluntary or Involuntary – Default is a Given!

by Asher B. Edelman In April of 2010 I wrote my first note about Greece in which I suggested that €30 billion would not solve or even impact the Greek…

December 08, 2011

Deutschland Über Alles

by Asher B. Edelman – I don’t think so! In the last one hundred years Germany has made two attempts to own, control and dominate Europe. Each has been repulsed….

November 15, 2011

Evicted

Dear Friends, Today the Occupy Wall Street protesters were evicted from Zuccotti Park. Regardless of one’s political or economic persuasions, this act will be seen as having been cavalier and…

November 04, 2011

A less than equitable arrangement

Dear Friends, Yesterday I received a document by email from an old friend and partner, that I’m going to make available here. As most of you, if not all, maintain…

October 30, 2011

YEA!

YEA! Yea for Europe (we hope)! On October 27 the European community announced the “solution” to sovereign debt and European banking. Some issues were left a bit unclear such as:…