Tag Archives: Goldman Sachs

Celebrity insider trader goes to gaol …

Posted on June 21, 2014 by Geoff O'Reilly

Back in 2012 Rajat Gupta was sentenced to 2 years gaol in New York for insider trading. He appealed, of course. But that failed. So last week off he went to a friendly gaol nicknamed Club Fed (where he can have visitors … Continue reading →

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Co-incidence or consequence?

Posted on April 14, 2014 by Geoff O'Reilly

Michael Lewis seems to be getting more mentions than anyone in the financial press and blogs this week. He’s clearly hit a raw nerve with his new book “Flash Boys”. Here are just a few of the things that have happened … Continue reading →

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China’s debt

Posted on January 15, 2014 by Geoff O'Reilly

That China has pumped up it’s economic growth with a huge mountain of new debt is not in doubt. In 2008, the quick debt fueled economic stimulus was proportionately way bigger than any other economy in the world. But the … Continue reading →

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Unintended consequences – Greece

Posted on November 26, 2013 by Geoff O'Reilly

The tabloid news cycle tends to be dominated by the latest house fire, car accident, murder, sex scandal, sports result, and so on. It’s all so predictable. Even the serious traditional news media tends to be dominated by:

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Banks. Don’t you just love ’em?

Posted on November 17, 2013 by Geoff O'Reilly

Before 2008 there were five enormous investment banks on Wall Street. These were not banks with tellers and branches looking after ordinary people and businesses. These were the deal makers. As the financial crisis unfolded, first Bears Sterns got into … Continue reading →

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