RISK Mismanagement – What Led to the Financial Meltdown – NYTimes.com

Posted by Matt in February 28th, 2010 | no comment

Published in Financial, Billions Of Dollars, Closer Look, Cracks, Disaster, Discrepancies, Financial Meltdown, Goldman Sachs, Led, Mismanagement, Mortgage Backed Securities, Nytimes, Risk Models, RiskManagement, Wall Street, Wall Street Firm, Warrant

Goldman Sachs’ VaR models and risk models started to show little cracks or discrepancies. They were small, but they shouldn’t have been there. Rather than ignore these discrepancies, Goldman Sachs tried to understand what was going on. When it couldn’t figure out what was going on they bailed out of mortgage-backed securities.
How then do we [...]

Land Rush in Africa – BusinessWeek

Posted by Matt in November 28th, 2009 | no comment

Published in Africa, Acreage, Agribusinesses, Agriculture, Arab Oil, Businessweek, Crops, Developing Countries, Farmland, Fascination, Fear, Goldman Sachs, Homelands, Investor, Land Rush, Latin-America, Morgan Stanley, Oil Countries, Sachs Gs, Tracts, Water Land

Farmland in developing countries has become an unlikely object of investor fascination. Goldman Sachs (GS), and Morgan Stanley (MS) are each raising hundreds of millions of dollars for agriculture funds aimed at Africa and Latin America. Agribusinesses in the U.S. are leasing vast tracts of African land from which they expect to export crops and [...]

Japan’s Economy: That kitchen-sinking feeling

Posted by Matt in May 20th, 2009 | no comment

Published in Economy, Japan, Bank Of Scotland, Banks, Double Dip, Economic Growth, Goldman Sachs, Hsbc, Japan Economic, Japan Economy, Japan S Economy, Nomura, Population, Risk, Royal Bank Of Scotland, Sinking Feeling, Sinks

Banks such as Nomura, HSBC and the Royal Bank of Scotland believe the recovery will not be sustainable. Goldman Sachs, among others, points to a risk of a “double dip”: that the economy sinks again in the first half of 2010. What the source will be of Japan’s long-term economic growth—not least as the population [...]

7 Reasons Why the Big, Bad Bear Will Return

Posted by Matt in April 8th, 2009 | 1 comment

Published in Economy, AIG, Amount Of Money, Bad Trades, Bank Bailout, Banking Crisis, Conflicts Of Interest, Credit Bubble, Cronyism, Financial Advisors, Financial Institutions, Financial Muscle, Fiscal Sanity, Global Recession, Goldman Sachs, Great Depression, Housing Market, International Monetary Fund, International Monetary Fund Imf, Jp Morgan, Rat Hole, Slippery Slope

Reason #1: The Banking Crisis Still isn’t Fixed … It’s Getting Worse!
Reason #2: Job Losses are the Worst Since the Great Depression
Reason #3: The Deleveraging of the U.S. Credit Bubble Has Already Begun. And It isn’t Pretty …
Reason #4: Credit Cards are Imploding
Reason #5: It’s Probably WA-A-A-AY Too Soon To Call a Bottom in the [...]

Geopolitical Consequences of the Credit Crunch

Posted by Matt in March 8th, 2009 | no comment

Published in Financial, Niall Ferguson, Brazil, British Pound, China China, Consequences, Credit Crunch, Financial Crisis, Foreseeable Future, Global Financial Crisis, Goldman Sachs, Gross Domestic Product, India, Inevitable Consequence, infrastructure, Niall-Ferguson, Planned Economy, Reserve Currencies, Reserve Currency, Russia, Sneeze, United States

Link to this video.
By Niall Ferguson Sunday, September 21, 2008
What are the geopolitical implications of all this? One possibility is that the “great reconvergence” between East and West is speeding up. If you go back to the very first report that Goldman Sachs produced about the “BRICs economies” (Brazil, Russia, India and China), China was [...]

Rising Brics – For a new order

Posted by Matt in June 3rd, 2008 | no comment

Published in Brazil, China, India, Russia, Acronym, Bric Countries, Brics, Celso Amorim, City In The Urals, Emerging Economies, Exercise, Foreign Minister, Foreign Ministers, Goldman Sachs, India China, Multilateral Arrangements, President Vladimir Putin, Russia, Russian City, Russian President Vladimir, Russian President Vladimir Putin, Signs, Triumph, Unipolar World, Vladimir Putin, Yekaterinburg

BRIC shows signs of emerging as an alliance in an exercise seen as a challenge to the U.S.-dominated unipolar world order.
BRIC, an acronym coined by Goldman Sachs a few years ago to define a group of large emerging economies with fast growth rates, was born in May this year as a formalised grouping aspiring to [...]

The Future of Oil Prices is a Geometric Explosion: $200, $400, $800 …

Posted by Matt in May 20th, 2008 | no comment

Published in Oil, Cheap Oil, Coal Gasification, Distant Future, Explosion, Export Obligations, Exporting Oil, Geometric Progression, Goldman Sachs, John Mauldin, National Oil Company, North Sea, Oil Export, Oil Prices, Oil Producing Countries, peak oil, Pemex, Pemex Mexico, Pessimists, Rest Of The World, South Africa, South Africans

Why are we going to experience a geometric explosion (price doubling and redoubling) in oil prices?
1. Peak oil and declining production around the world. Plus you need to factor in oil producing countries’ local consumption. Rising local consumption in oil producing countries means they will stop exporting oil long before they run out.
a. You see [...]

Building with BRICs

Posted by Matt in May 14th, 2008 | no comment

Published in Brazil, China, India, Russia, Bloomberg, Brazil, Bric Countries, China, Clout, Ekaterinburg, Financial Trends, Food Security, Foreign Ministers, Fortune Seekers, Global Economy, Goldman Sachs, India, Institutions, International Monetary Fund, Investment Bank, John Browne, Nations Summit, Patrick Donahue, Research Paper, Russia, Russian City, Russian Economy, Safe Haven, Slowdown, World Bank

Are the BRIC countries an emerging threat?
From the article:
The concept of the BRIC countries — Brazil, Russia, India and China — was coined five years ago in a research paper from the Goldman Sachs investment bank.
This week, reality takes over from theory as the foreign ministers of the BRIC countries hold their first formal meeting [...]