大而不倒

最新书摘:
  • 少吃甜食多跑步
    2012-09-20
    For a moment, as his testimony was winding up, he looked as if he was about to break down, but he steadied himself, as he had done ate home virtually every day prior to the hearing. The room fell silent as the congressmembers leaned forward in their chairs, waiting for him to speak."Not that anybody on this committee cares about this," Fuld said, putting his notes aside and surprising even his own lawyer by speaking so extemporaneously, "but I wake up every single night wondering, What could I have done differently?" On the verge of tears, he added,"In certain searched myself every single night.""This," he said gravely," is a pain that will stay with me for the rest of my life." And, he continued, he was baffled by why the government went to extraordinary steps to save the rest ...
  • 园丁机器人
    2012-07-12
    最后,这其实是一个关于人类劣根性的故事。人民很容易犯下这样的错误:总以为自己足够强大,根本不会倒下,但事实并非如此。
  • 园丁机器人
    2012-07-12
    从某种意义上说,华尔街是聪明反被聪明误。已抵押贷款为支持的证券非常复杂,几乎没人能搞明白如何在衰退市场中对其进行合理定价。截止本书写作时,专家们还在哭力计算这些资产到底价值几许。没有价格,市场就会瘫痪;而没有资本华尔街就无法运转
  • Paradox
    2012-06-09
    one day,Paulson came home with a new cashmere coat from Bergdorf Goodman,to replace one that he had had for ten years."Why did you buy a new coat?" Wendy asked. The next day, Paulson returned it.
  • pan pan
    2012-01-25
    作为一名来自匈牙利的犹太裔二代美国移民,格鲁克斯曼逼走了曾任尼克松政府商务部部长,在金融界人脉关系最深广的彼得•彼得森。最后,格鲁克斯曼让彼得森选择:要么轻松的离开雷曼,要么留在雷曼艰难度日。彼得森选择了前者,并与别人合伙创立了黑石集团。随着年龄增长,格鲁克斯曼更加圆滑世故。他从不谈论这次人事斗争,他说:“谈这种事有点像谈论我的前妻。”
  • 潘萄籽
    2012-01-12
    纵览保尔森从五角大楼一个低级职员晋升到白宫高级官员的历程,你一定会发现:他有非常强的形势预判能力。。。丝毫没有被卷入水门事件。
  • Molly
    2011-12-24
    团队中任何一个人受到攻击,团队所有成员都要拼命反击。
  • Molly
    2011-12-24
    谣言一旦传出,就要快速应对,绝不能拖沓。
  • Molly
    2011-12-24
    不管你是谁,都必须拥有足够的现金。现金总是多多益善!
  • Molly
    2011-12-24
    人们很容易犯下这样的错误:总以为自己足够强大,根本不会倒下,但事实并非如此。
  • 潘萄籽
    2011-11-23
    抵押贷款业在该体系中发挥着举足轻重的作用,他们所提供的贷款是华尔街精心设计复杂创新产品的原材料,然后这些贷款被不断地打包并向全球市场发售。
  • gracellleong
    2011-07-09
    单从理论角度看,考虑到控制金融业的道德风险,大而不倒的救助策略应深刻反思。然而,现实往往比抽象的逻辑复杂得多,在道德风险与经济崩溃之间,政府往往优先选择前者。
  • Iris
    2019-12-01
    摩根大通和雷曼这类公司的业务模式与传统银行大不相同,再也不是简单地发放贷款,然后将其计入资产负债表。以现在的模式,作为业务开端的贷款只是资产证券化链条的第一环,随后贷款的风险就可以通过证券化的其他环节分散传递到无数的市场参与者那里。一般认为,证券化可以降低风险并增加流动性,但实际上证券化使得众多机构和投资者的联系更加紧密,这种结果有利有弊。比如,挪威一家地方政府养老基金的投资组合可以包括加州的次级抵押贷款,但这家养老金却可能对此一无所知。更为糟糕地是,许多金融机构为放大收益而大举借债以投资这类债券。而这种做法只会在这些证券开始贬值时,令他们的损失雪上加霜。
  • Iris
    2019-12-01
    由于复杂金融衍生产品的使用日益增长,房地产市场与金融体系的关系已非常复杂。大量的房屋抵押贷款被证券化,在成为具有一定现金流的证券后,经过重新分类组合和再次分拆,它们很快就变成了颇具吸引力的投资产品,并被冠以担保债务凭证(CDO)的名号。
  • 素恒
    2018-03-04
    这不禁让人想起19世纪沃尔特·白芝浩(Walter Bagehot)的名言:“每一位银行家都清楚,当他不得不证明自己是可信的时候,不管他说得有多好听,实际上他已经没有信用可言了。”
  • 半个桃李林檎
    2014-04-21
    Could the financial crisis have been avoided? That is the $1.1 trillion question - the price tag of the bailout thus far.The answer to that question is "perhaps." But the preemptive strike would probably have had to come long before Henry Paulson was sworn in as secretary of the Treasury in the spring of 2006. The seeds of disaster had been planted years earlier with such measures as: the deregulation of the banks in the late 1990s; the push to increase home ownership, which encouraged lax mortgage standards; historically low interest rates, which created a liquidity bubble; and the system of Wall Street compensation that rewarded short-term risk taking. They all came together to create the perfect storm.
  • 芹泽虾饺菌
    2013-11-03
    For reasons no one quite understood, Gluksman was holding a few dozen number 2 pencils in his hand. He handed each trader one and asked him to snap it in half, which everyone did, easily and without laughing or even smirking. He then handed a bunch of them to Fuld and asked him to try to break them all in half. Fuld, "The Gorilla," could not do it."Stay together, and you will continue to do great things."
  • [已注销]
    2012-12-05
    $2.7 trillion of notional derivatives exposure , with 12,000 individual contracts....$1 trillion of exposure concentrated with 12 major financial institutions.
  • 你有一个小妹子
    2012-02-18
    当一个强者跌倒或者一个实干家做得不够完美时,只会在一旁指手画脚的批评家,算不了什么。荣耀属于那个真正站到竞技场上的人,他的脸上满是灰尘和汗血,尽管一次次地失败,却仍然顽强地奋斗,因为世界上根本不存在没有失败和缺陷的成就。他明白热情和奉献的意义,并完全投身于有价值的事业中。最后,若是成功了,他能享受胜利的喜悦;就算失败了,至少他会因曾经全力以赴而无怨无悔。所以他永远不会与那些冷漠胆小、不知何谓成功和失败的灵魂为伍。