Posts filed under “Video”
Hedge funds will settle accounts and investors will get fresh readings on retail sales and consumer sentiment in the coming week. MarketWatch’s Stacey Delo sets the table for the news ahead.
The Week Ahead In Europe
Results from Inditex, which owns clothing retailer Zara, and a strategic review from Alcatel Lucent, will headline a relatively quiet week in Europe. Also expected are the results of Germany’s ZEW economic sentiment survey.
Look Ahead in Asia: China Will Survive Downturn
Edward Mullen, chief executive of mainland China’s first hedge fund Emperor Investment Management, tells Michael Kitchen that Chinese domestic demand will offset the slump in exports.
Warning NSFW, Rated R:
As even you are aware, it is in our nature, as well as our trade, to be accommodating. Still, and please forgive our uncharacteristically inhospitable tone, we find that we are completely unable to accommodate you. Morgans is a bastion for living life with the stops off. And considering the dastardly manner with which you rob people of their joy, not just their assets, you sir have become Public Enemy #1. This is your notice that our doors will never swing wide for you. Not ever.
Towards this end, we are putting our considerable resources and talents into thwarting you the best way we know how — we’re throwing a party. And we warn you, style, feasting and reveling will rule the day and no doubt continue on past dawn. By the way, don’t think that you can sneak under our velvet rope once the party has cleared. We intend to defy you every chance we get.
Hear that sound, Mr. Recession? That’s right. It’s laughter. Now, with all due respect, fuck off.
Mortgages aren’t the only financial instruments that get turned into securities. In this video, Marketplace Senior Editor Paddy Hirsch explains how companies make money by buying credit card debt and bundling it.
All of “The Marketplace Whiteboard” videos can be accessed at www.marketplace.org and are part of “Fallout: America’s Financial Crisis,” Marketplace’s comprehensive coverage of the current financial crisis.
hat tip boingboing