Xiang Ji’s Bookshelf

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

Archive for January, 2010

Wall Street Journal’s News Hub

is an annoyance. It slows the download of the page, its music is headache-inducing and the format is not worth appreciating.


Financial Crisis Inquiry Commission: A Lame Duck

If you watch the video of the Financial Crisis Inquiry Commission’s Q&A with the nation’s top four banks’ CEOs, a sense of hopelessness comes onto you. It was almost financial market 101.


Alcoa’s Earning Good News Or Bad?

You wouldn’t know if you read both Bloomberg and WSJ.
Alcoa Profit Trails Estimates Amid Currency Costs is Bloomberg’s headline, and it seems like Alcoa missed analyst estimates terribly.
Hey, but if you read the Journal story, Alcoa “narrowed losses” and “strengthened revenues.” Things are getting much better.
Both are accurate facts, but the [...]