FinancialGuy Writes!

Archives for

The following quote is taken from the start the book, “This Time Is Different: Eight Centuries Of Financial Folly” by Reinhart and Rogoff: “The essence of the this-time-is-different syndrome is simple. It is rooted in the firmly held belief that financial crises are things that happen to other people in other countries at other times;… » read more

Posted by financialguy

I have written in this blog on many occassions in the past that most financial markets do not need much new legislation. Instead, they need much better enforcement and stronger actual penalties when offenders are convicted under the existing rules. I know that there are aspects to financial markets that really do need legislation, I… » read more

Posted by financialguy

That is the title of this cable released yesterday by Wikileaks. The cable, from June 2009, marked ‘Confidential’, is scathing about the Bulgarian press. Taken from the Summary, “Bulgarian media is highly manipulated and increasingly concentrated in fewer hands. Reporters and editors accept bribes to cover stories, to print propaganda articles as though they were… » read more

Posted by financialguy

I am pleased to say that this post is a double celebration for FinancialGuy. Firstly, it is the 100th post on this blog. Phew! That took some effort… Secondly, and more importantly, it is the other half of an interview exchange for our blogs between myself and Vice President of the European Economic and Social… » read more

Posted by financialguy