Totally agree Allan He just got big far too quickly. The problem is when investment bankers/ funds managers etc become mentors which then wrecks a small time business.
Girls be like: One of the letters was directed to Samuel F. Billington, No. 7, The Crescent, Whitby, another to Herr Leutner, Varna; the third was to Coutts & Co., London, and the fourth to Herren Klopstock & Billreuth, bankers, Buda-Pesth. The second and fourth were unsealed. I was just a...
Female bankers divest from fossil fuels www.sciencedirect.com/science/arti...#energysky
This study investigates the relationship between bank boards' characteristics and their commitment to divest from fossil fuels. Using data on worldwid…
Also the failure of the bankers to face any real consequences for wrecking the economy in 2008
The other issue this highlights is how misleading Forward Guidance from central bankers can be. Only a fortnight ago Governor Bailey was suggesting gentle interest-rate cuts. #BoE
Bank of England Governor Andrew Bailey U-Turns on interest-rates #interestrates notayesmanseconomics.wordpress.com/2024/10/03/b...
This morning has brought an example of one of my themes being brought into play. This time it is the one that Bank of England Governors sooner or later (usually sooner) get around to talking the UK…
A Trump 2.0 administration would be a catastrophe, but a Harris administration will be only slightly better on climate Democrats bailed out capitalist bankers with socialist money, so Democrats will probably bail out capitalist oil & gas giants with socialist money. Both parties are fossil addicts
Yes, usually they will sell the loan in smaller amounts to diminish their risks, but this time there was no buyers. Swiss bankers have a saying : "Lend a small sum of money to someone, you have a customer. Lend a large sum, you have a partner." I guess investors didn't want to be partners with Musk.
China firms plan up to US$15 billion in overseas bond issues in Q4 on stimulus boost, say bankers - https://www.channelnewsasia.com/business/china-firms-plan-up-us15-billion-overseas-bond-issues-q4-stimulus-boost-say-bankers-4656391
SYDNEY: Chinese investment-grade companies are lining up US$10 billion to US$15 billion in offshore bond offerings this quarter, as Beijing's economic stimulus measures cut fundraising costs and whip up borrowers' appetites, financial advisers said. Those levels mean Chinese companies are poised to raise t