Xiang Ji’s Bookshelf

At crossroads, or an illusion?

The better the party, the worse the hangover. The pain is only starting…

“There are cases where people who failed can suddenly make a go of it. In the U.S., you can get your second or third chance. In business school, we say that’s one of the virtues of this country.” – Richard Sylla, economic and financial historian at New York University’s Stern School of Business, commenting on [...]

Chuck Prince is talking about tightening control on derivatives and bank regulation. Wow, everyone old comes back new again.

John Arnold announced his opposition on the issue, in an argument that’s too familiar to many of us. Glass-Steagall will drive banks to foreign countries; more regulation will force institutions to find other loopholes, etc…

Chinese media seems to give this dialogue much more attention than their counterpart in the U.S. Why? Media coverage is a reflection of the public’s interests, and at least now, the American people are still living in their own dream world while the Chinese are looking outward to redefine their identity.

Liberty Media’s chairman John Malone’s insightful talk with the FT, on the future of the media and being friends with Rupert Murdoch.

After reading his book, Peter Peterson impresses in person.