10/21/2012

IMF's epic plan to conjure away debt and dethrone bankers

So there is a magic wand after all. A revolutionary paper by the International Monetary Fund claims that one could eliminate the net public debt of the US at a stroke, and by implication do the same for Britain, Germany, Italy, or Japan.

10/21/2012

Have superstar traders lost their magic?

Hedge fund maestro Greg Coffey is retiring at 41 after a glittering career. And, after a distinctly lacklustre performance recently, many of his contemporaries are following suit

10/21/2012

Asset manager fears industry is losing focus

In the past thirty years asset management has evolved from a profession to a distribution-driven industry, and shifted from a client-driven approach to being product-driven. In the third paper published by the 300 Club,

10/14/2012

New rules, tough talk as Singapore seeks to end tax haven image

As Singapore revels in its reputation as an open economy with the world's highest concentration of millionaires, the tiny island of 5.3 million people is also accused of being a magnet for tax evaders - an image it is vehemently seeking to banish.

10/14/2012

Please Don’t Hunt For the Red October by Justin Urquhart Stewart

For those with very long memories it is also the 105th anniversary of the 1907 Panic when the gloriously named Knickerbocker Trust collapsed, along with a run on the banks which was finally halted by the famed John Pierpont Morgan (or JP Morgan to you and