The pincer of fixed rates while in negative equity A recent article in the Independent stated that 'fixed rate borrowers are taking all the pain'. The base rate has fallen from 4.25% to ... Continue reading
How does the Geithner Plan work? Sample Investment Under the Legacy Loans Program Step 1: If a bank has a pool of residential mortgages with $100 face value that it is... Continue reading
We need to clear our bonds, ensure there are retail offerings. Ireland has been downgraded by Standard and Poors, we are on a ratings watch with Fitch and Moody's as well. The last bond issued by th... Continue reading
Rent or Buy the 5 year outlook Today we are going to look at a comparison of renting vs buying with a five year outlook given the current interest rates, the yield ou... Continue reading
Recapitalised banks ‘cherry picking’ applications. The only banks that are truly 'open for business' are those that have received state funding, and this is on both sides of the book. O... Continue reading
Nassim Taleb on failing to allow failure Nassim Taleb, a well known professor, economist and risk management adviser talks about the failure of allowing failure, that we are no... Continue reading
Good news: Rate drops and recovery indicators Doom is the only thing selling lately, but today we will bring you some of the Sunny statistics that are being largely overlooked. This... Continue reading
MicroVentures, how a microfinance approach to investment in Ireland could create jobs I have covered the area of microfinance before, and in nations where it works the multiplier effect of the credit is said to be quite a... Continue reading
New world currency, Euro hegemony in the future? A commentator talks about the euro, dismissing euroskeptics and euro bashers, arguing that it will be (perhaps) the new world currency?... Continue reading