By David Nelson, CFA Bullet Points Today, I want to cover what I think is a rising threat to the health of the U.S. financial system. Let’s start off with the events of last Friday and what looked like a relief rally on the heels of weeks of losses. In the days prior, carnage was […]
Tag Archives: Financial Crisis
August
27
3,453 Days from the Abyss
posted by David Nelson, CFA
By David Nelson, CFA After 3,453 days investors celebrate a milestone as we mark the longest bull market in history. Here we are a decade following the worst financial crisis in generations and the memories of Lehman collapsing along the value of your 401k are all but a memory. The gallows humor for those of […]
August
07
BAC Settles With Justice – The Movie – Excerpts
posted by David Nelson, CFA
David blasts Justice for not going after those who responsible for the financial meltdown.
May
12
Geithner’s Stress Test – My Reflections on Financial Crisis
posted by David Nelson, CFA
By David Nelson, CFA Former Treasury Secretary Tim Geithner’s book “Stress Test” comes out this week. Naturally the media will zero in on Mr. Geithner’s time in public service, along with his version of the events that led up to the financial crisis and the aftermath that followed. Let me say at the outset I […]
March
05
Mt. Gox Collapse – Now Bitcoin Bank Flexcoin Robbed
posted by David Nelson, CFA
By David Nelson, CFA Reuters is reporting that Bitcoin bank Flexcoin is shutting down after being robbed of about $600,000 by hackers. Flexoin, based in Canada is working with authorities to return coins held in cold storage. The term refers to computers not connected to the internet and therefore can’t be hacked. In a tweet following Mt. Gox’s […]
February
09
Are Regulators Doing their Job? – Toyota $1Billion Settlement
posted by David Nelson, CFA
David discusses the $1 Billion Toyota is paying to settle the case regarding “unintended acceleration.” Are regulators doing their job?
January
07
Janet Yellen – Her First Challenge in 2014
posted by David Nelson, CFA
By David Nelson, CFA Last night the Senate confirmed Janet Yellen as the next Fed Chairwoman. The confirmation was never in doubt but Fed watchers were all curious as to how large the margin would be. Many believed the no votes might be as high as 30, matching exiting Chairman Bernanke. With a vote of […]
DAVID NELSON, CFA 