Xiang Ji’s Bookshelf

You Don’t Need To Innovate In Finance; You Don’t Need To Invent Anything New

Archive for December, 2008

Dec 16, 2008

Hank & Ben: “No Authority” To Save Lehman?


Dec 13, 2008

The Long Demise of Glass Steagall Act
Conflict of Interest in Commercial Bank Security Underwritings: United Kingdom Evidence
“That is, a commercial bank may exploit its dual role as lender and underwriter to force a company to issue public securities and use the proceeds to repay the bank loan. In essence, the bank may shift the risk [...]


Dec 12, 2008

Charles Schwab: The Value of Simplicity and Avoiding Toxic Assets I

Charles Schwab: The Value of Simplicity and Avoiding Toxic Assets II


Dec 12, 2008

Bloomberg LLP Sues the Federal Reserve System


Dec 11, 2008

!!Jamie Dimon on CNBC I

!!Jamie Dimon on CNBC II
!! Jamie Dimon on CNBC III
“We made a lot of mistakes. We took in a lot of risk with Bear Stearns and WaMu. If home prices goes down another 25% (Meredith Whitney is predicting another 20% down), it could cost us another $10 to $20 billion.”


Dec 10, 2008

A Stories Investor’s Big Bad Bet
The Death of Value Investing


Dec 5, 2008

Trump Sees Act of God in Recession
The Last Word on Bear Stearns


Dec 4, 2008

Lessons from Lehman’s Fall (As Peter Peterson Sees It)