Category Finance

Derivatives: Collateral Posting Not Retroactive

Highway Robbery The folks at Pragmatic Capitalism (PragCap) posted a blog today by Walter Kurtz titled “Time to Stop Fearing the Greek CDS Bogeyman.”  The article essentially presents an argument that the market shouldn’t be overly concerned about a potential…

Curation Edition: Amazon, Netflix, Monkeys And Politics

It’s easy to beat “sophisticated” investors Amazon.com is experiencing shrinking margins, increased R&D expenses, and decreased efficiency.  Can anyone say Layoffs and Stock Price Haircut? Remember Whitney Tilson?  He went short Netflix when the stock exploded higher.  Now, Tilson explains…

Oil Being Sold In Euro And Dirham

Kish Oil Bourse (Aug 2011) Please reference “Iran’s Kish Oil Bourse Begins Oil Transactions in Euro and Dirham” dated 19 August 2011 from Hamsayeh.net. Having an oil exchange that trades in multiple currencies, including a basket of global currencies, provides…