January 11, 2013
Debt Ceiling
Happy New Year to all. A lot of fanfare and hoopla about a non-existent debt ceiling has captured the imagination of the press, the Tea Party, and even the President….
Happy New Year to all. A lot of fanfare and hoopla about a non-existent debt ceiling has captured the imagination of the press, the Tea Party, and even the President….
The banking and mortgage placement community is earning more than ten times the norm on new mortgages entered into today! It works like this… The institution grants a mortgage at…
We have finally figured out the one issue on which Governor Romney is consistent: War. Make economic war on China for providing goods to the world less-expensively and more efficiently…
By Asher Edelman Yes, it’s been too long, in my view at least, since I’ve last put a pen to paper, so: ArtAssure Ltd. News Moss: Dialogues Between Art &…
April 8, 2008: “A Real Rescue Plan" by Asher Edelman August 13, 2012: "The One Housing Solution Left: Mass Mortgage Refinancing" by Joseph E. Stiglitz and Mark Zandi In April of 2008…
Asher Edelman can be described as standing, prominently, between 2 worlds. His Wall Street career, beginning in the 1960’s, in investment banking, money management and derivatives trading not only brought renown…
Of the €400 billion plus in rescue funds loaned to Greece all but €15 billion went to assist the banks. Almost all of what was received by the banks was recirculated to…
There is no Edelman Shock Market Index, only a bit of intuition and experience. My intuition and experience say, “never predict markets,” but the Emperor’s Clothing, or lack thereof, are…
I read with interest in the Financial Times today about “Morgan Stanley’s plan to shift a large chunk of its $57 trillion derivatives portfolio into the part of the group…
By Asher Edelman I read today in the New York Times that between 2008 and 2012 government (taxpayer) subsidies to the banks equaled $1.3 trillion. As those of you who…