AAA Subprime 80 cents on the dollar – a good estimate not wild speculation
November 7, 2007
AAA Sub-Prime Valuation Issues | ftalphaville.ft.com
Recent suggestions that the ABX index is a poor proxy for AAA subprime RMBS fail to recognise its value.
November 2, 2007
Citigroup, Goldman Take on Exchanges on EU Mifid Law | www.bloomberg.com
The Jury Is Out - But At Least We May Get a Verdict of Sorts Next Year. Historically Major Regulatory Changes Result in Unforeseen Consequences.
Western Union has brand but stagecoach technology won't help it survive!
September 18, 2007
Immigrant groups launch Western Union boycott | www.latimes.com
Western Union is slow, disorganised, bureaucratic and expensive. New technology competitors are massing and will take market share unless the provider gets its act together.
No More Bidders But Watch for a Share Swap Shuffle?
August 27, 2007
Dubai Bids $4 Billion for OMX, Trumping Nasdaq Bid | www.bloomberg.com
Other bidders Unlikely but the deal may get more complex...
Exchange Consolidation: DB/ISE
April 30, 2007
ISE Announces Possible Business Combination | www.exchange-handbook.co.uk
Deutsche Borse feel under pressure to make an acquisition
They are looking for a transformational business - particularly something that gives them a key footprint in the USA
This is a distinctly attractive transformational purchase for Deutsche Borse and gives ISE a huge opportunity to bring US trading to Europe
The aim is to create an across the board competitor to NYSE Euronext
April 30, 2007
Chicago Mercantile posts 42% jump in first-quarter earnings | www.belleville.com
CBOT future has key implications for CME
All futures exchanges have board issues
The Florida Legislation will exacerbate pricing pressures in the reinsurance industry.
January 31, 2007
Reinsurers Bigger Losers From Florida Legislation Than Primary Insurers | biz.yahoo.com
Managing expectations of shareholders, managers or finance directors is not easy, especially when a third party removes a significant part of your premium base at a stroke.
Plus Ça Change – Reinsurance renewals 2007 or was that 1987?
January 31, 2007
Willis Re 1st View: The Tipping Point? | biz.yahoo.com
After twenty years in the industry, the industry cycle looks to me just like it looked last time and the time before. Despite apparent changes to expertise, capital providers and products; in 2007 the reinsurance industry appears to be heading in pretty much the same direction as in previous cycles – down.
November 3, 2006
Suit Reveals Fraudulent Scheme in Life Settlement Industry | www.oag.state.ny.us
Considering the nature of the life settlement deals is anchored in arbitrage, this secondary market is filling a gap between the insurance industry and capital markets. However, given the growth of the industry - the estimated market size in 2015 is around 130 billion dollars - there will be players that are willing to go the 'extra mile' in order to get more business. In particular, it is not unusual that life settlement companies to participate in 'co-brokering fees' with brokers that are supposed to represent the interests of the policy holders - especially when the commision is 50% or more of what the (former) insured received.
Underestimating Life Expectancy could hamper growth of a profitable LS Exchange.
July 12, 2006
Cantor Eyes Life Settlement Exchange | www.iddmagazine.com
In my view future prospects for a Life Settlements exchange will be significantly hampered by life expectancy uncertainty.
Regulatory scrutiny of a transaction whereby a third party makes a return based on someone else’s life span will also hamper the growth of a simple exchange mechanism, especially as generally the longer the individual lives the less profitable the policy for the third party.
February 7, 2012
SOPA and the wisdom of Yogi Berra
January 19, 2012
Larger wafers present a growth opportunity for LEDs
January 6, 2012
Smartphones threaten digital camera industry
December 1, 2011
Google music launches: The end of the end for the music industry
November 22, 2011