It’s Been a While

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 &…

EU, The Truth of the Matter

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…

The Edelman Shock Market Index

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…

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…

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…

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…

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…