This week's Economist includes a Special Report on The Future of Finance (and it's not pretty): Contents: The collapse of finance Why is finance so unstable? Fallible mathematical models When markets turn Playing financial chicken Regulating finance Fixing finance
Sigurd Rinde believes that double entry accounting is a root cause of the current economic calamity. He's got a point. Check this out: [except – read the whole post here] Is there a root cause? And if so, why is it not discussed? So why is it not discussed? Because sometimes we take some things […]
The latest post at the Wells Fargo-Wachovia merger blog hints at the complexity involved in integrating the two banks' services, technology, and products. Let alone the people + organizational structure! I admire their honest, open approach.
Workshop on Web 2.0 Technologies For Financial Services FaceBook? Twitter? Amazon Flexible Payments? Mint? Zong? Join me and Scott Loftesness of Glenbrook as we explore the world of Web 2.0 technologies and their impact on the payments industry in this one day workshop (morning plus optional afternoon sessions). What is Web 2.0 and how is […]
(via Freakonomics) The latest recession indicator: more people are searching Google for "coupons" than for "Britney Spears." And it's not that Britney is getting less popular.
Joe Nocera thinks so. Ms. Bair — who, thankfully, will remain the head of the F.D.I.C. in the new administration — has been thinking along the same lines. She, Mr. Bernanke and Treasury officials have begun talking about a new kind of bank, one that would be created and capitalized by the federal government, […]
This is good. Niall Ferguson on the Colbert Report (Stephen Colbert asks "Am I Money?") The Colbert ReportMon – Thurs 11:30pm / 10:30c Niall Ferguson Colbert at ChristmasColbert Christmas DVD Green ScreenBill O'Reilly Interview The book is better. And the PBS series is even better!
Please support my efforts to reference check SaaS ERP vendors Intacct and NetSuite on behalf of a Web 2.0 client. Do you have any success stories? Horror stories? Particularly interested in feedback on ease of integration/APIs and customer support. Got insight? Please email me and I will call you back for a quick chat.
Photo: SF Chronicle The SF Chronicle interviews Wells Fargo CEO John Stumpf in today's paper. The Wells Fargo – Wachovia merger blog inspired rave reviews and sets the bar high for other financial institutions considering blogging The Finanser (Chris Skinner) – "Therefore, this could prove interesting in creating a corporate case study in how to […]
A conversation with Léo Apotheker, co-CEO and a member of the Executive Board of SAP AG and Andrew Mcafee of the Technology and Operations Management Unit at Harvard Business School on Charlie Rose (aired Jan 6th) On IT within the Financial Services industry: LEO APOTHEKER: And you know, what you said about financial institutions […]
The folks at Bloomberg have alerted me that Paulson will be on Bloomberg TV today: In an exclusive interview as he prepares to leave office, Treasury Secretary Henry Paulson responds to the latest jobs number — which could be the worst since the 1970s. He'll also talk about his biggest successes and biggest disappointments in […]
The December job loss numbers are not pretty and the markets are down. A good summary at MarketBeat and particularly nice graphics at the NYT (the charts are linked by animation at their site).
This is the first in a series of posts by guest author, Katherine Duran. Who can or will ever forget all the investment problems of 2008? Problems that most likely began sometime in 2007 and have yet to take their last curtain call. Problems that seemed to be independent, yet act in concert to create […]
The Economist has an interesting article on newborn babies' innate sense of numbers and ability to count. People are born with an innate sense of how many items there are in small collections. Experiments in which older children and adults are shown randomly arranged dots and asked to say quickly how many there are show […]
I'm not the only one with a crush on Andrew Ross Sorkin, editor of NYTimes DealBook. He's been so great on Charlie Rose (my other big crush) that the NYC PBS station has invited him to host a seven-part series on the economy and what it means to everyday New Yorkers. Starts on Thursday the […]