Publié le 08/02/2010 par Pierre F. de Ravel d'Esclapon
Many, especially on Capitol Hill, find it convenient to blame Greenspan for the financial crisis from which we are barely emerging. The argument runs thusly: the combination of very cheap money policies and of deregulation so fervently adopted by Geenspan brought about the housing bubble, the subprime mess and assorted financial debacles. Is this line [...]
Archivé sous: Economy and Finance, Editorial, Editorials, Finance et economie | Tagué : Federal Reserve Board, financial crisis, greenspan, housing bubble, JohnTaylor, monetary policies, subprime | Laisser un commentaire »
Publié le 26/05/2009 par Pierre F. de Ravel d'Esclapon
Si vous souhaitez en savoir plus sur les propositions de réforme de la fiscalité des fonds de private equity lisez l’article p.49 du numéro 40 du Magazine des affaires d’avril 2009:Les évolutions récentes de la fiscalité des fonds de private equity aux Etats-Unis et en France
Archivé sous: Droit Law, Economy and Finance, Law | Tagué : carry, fiscalite, imposition, plus values, private equity | Laisser un commentaire »
Publié le 07/05/2009 par Pierre F. de Ravel d'Esclapon
On Sunday May 9, 2009 the BBC Forum (listen here) convened Lord Robert May, former scientific adviser to the British government, Gillian Tett, financial analyst and social anthropologist, and Abraham Verghese, doctor and author. Lord May showed how a very simple equation can be used to create a situation of chaos. His analysis, applicable to [...]
Archivé sous: Economy and Finance, Editorial, Editorials, Mathematics, Mathematique et logique, Medecine, Opinions, Science, Sciences | Laisser un commentaire »
Publié le 29/03/2009 par Pierre F. de Ravel d'Esclapon
The recent publication of Robert Cohen’s book « Turning Around a Bank in Korea: A Business and Cultural Challenge » got me thinking. Here was a Frenchman, who after a distinguished 25-year career at the old Credit Lyonnais (now Calyon after some Executive Life troubles that got it absorbed by France’s « Green Bank », Caisse Nationale du Crédit [...]
Archivé sous: Corporate Governance, Economy and Finance, Editorials, Gouvernance d'entreprise, Histoire History, History | Laisser un commentaire »
Publié le 18/03/2009 par Pierre F. de Ravel d'Esclapon
Amid all the otherwise legitimate furor over the A.I.G. bonuses,it is refreshing ,and useful,to see the contract law framework for a good legal analysis set out by well regarded law professors such as Charles Fried of Harvard :see When Bonus Contracts Can Be Broken Contracts Now Seen as Being Rewritable For an update on the [...]
Archivé sous: Corporate Governance, Droit Law, Economy and Finance, Editorials, Executive compensation, Finance et economie, Gouvernance d'entreprise, Law, Remuneration des dirigeants | Laisser un commentaire »
Publié le 27/02/2009 par Pierre F. de Ravel d'Esclapon
The renunciation by Jeff Immelt of his 2008 bonus, though laudable, is not unique. the Chairmen of Costco, James Sinegal, and Whole Foods, John Mackey, in 2007 decided not to take their bonuses even though, unlike the GE shares, the shares of their respective companies under their tutelage had done quite well. Noteworthy in this [...]
Archivé sous: Corporate Governance, Economy and Finance, Executive compensation | Laisser un commentaire »
Publié le 26/02/2009 par Pierre F. de Ravel d'Esclapon
The political discourse is tilting towards « taxing the rich » to pay for the electoral promises.Today’s editorial in the Wall Street Journal elegantly demonstrates the fallacy of the « tax the rich » premise by showing that even if the so-called « rich » were taxed at the rate of 100%,effectively leaving them nothing,then the amount raised would still not [...]
Archivé sous: Economy and Finance, Editorial, Opinions | Tagué : Obama, taxes | Laisser un commentaire »
Publié le 23/02/2009 par Pierre F. de Ravel d'Esclapon
Speaker at HEC Visions of Leadership : http://appli7.hec.fr/vol/events.php?PHPSESSID=f1a37c616043f9c8130ef171acb9a5cc
Archivé sous: Conferences, Economy and Finance, Finance et economie, Histoire History | Laisser un commentaire »
Publié le 21/02/2009 par Pierre F. de Ravel d'Esclapon
According to traditional hemline theory ,as hemlines go up so does the market-remember the Roaring Twenties when the flappers’ skirts got noticeably shorter, or the Swinging Sixties heralding the miniskirt and a long up cycle in the market ,and as hemlines go down so does the market -as we witnessed in the 30s and 40s. [...]
Archivé sous: Coin du curieux, Curious mind's corner, Economy and Finance, Finance et economie, Science | Laisser un commentaire »
