May 30, 2012
Musing on Derivatives
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…
Posts filed under Asher Edelman
May 23, 2012
Musings on the US Deficit and Debt
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…
May 21, 2012
Musings on the Art Market
The May auction performances gleaned countless viewers, gawkers, critics and some buyers; indeed a sufficient number of buyers to drive the prices of a small number of pictures to new…
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…
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…
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….
Asher Edelman 