While protectionism is bad and should be avoided if the crisis is not to be made worse, the protectionism that needs most to be attacked are those in Asia particularly China, Japan and South Korea. While they rightly attack profligate ways in the west they have used and discontinue promoting nationalist approach to trade and industry that is ( Read more... )

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coming soon the U.S. commercial real estate and credit cards busts will make the housing market collapse seem like a walk in the park on a sunny afternoon
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“This was already a fait accompli in the market,” said David Castillo, a senior trader of structured-finance bonds at Further Lane Securities in San Francisco.
(c) Bloomberg

Links on PDFs at harvard.edu

1) Last-Minute Bidding and the Rules for Ending Second-Price

2) The Timing of Bids in Internet Auctions: Market Design, Bidder Behavior, and Artificial Agents

Banks and commodity traders are seeking new ways to make money after the Standard & Poor's 500 Index fell by the most since 1937 last year and crude oil prices dropped more than $100 a barrel from their peak ( Read more... )

Venture Funding Falls 30% however in the valley it feels like all 85-90%. Mr.Obama administration is not going to create welcoming climate for entrepreneurs so, I don't expect any kind of fast recovery of the industry.

Venture-capital investment dropped 30% in the fourth quarter to its lowest level since 2005, as the financial crisis threatened ( Read more... )

As soon as India will find the way to invest into infrastructure and education it will propel India to greater heights. However media usually does not take into account the main factor which keeps India poor. One of the main reasons for almost all the problems in India is corruption. It has spread like cancer and despite all the so called reforms, ( Read more... )

What the U.S. feds should do is demolish all the banks that are "too big to fail" by having them auction their components to get the cash they need, so they're no longer "too big." Then perhaps the buyers will run those smaller components more wisely.

China's economic growth is suffering more than expected from the world recession. Whereas China was considered the engine that might pull us out of a recession, the image is now really glooming. What I observe happening now is indeed worrying from an economic perspective; factories are closing by the dozen in the prosperous Guangdong province and ( Read more... )

I just wonder, he is going to go out like Safra?