(Note: Why is a title insurance company writing about investing and hedging tools like credit default swaps? Because the potential risk to the economy and to the financial well-being of all Americans would affect every industry and every business, title insurance included!) As a result of the travel firm Thomas Cook filing for bankruptcy a few days ago, […]
Ah, memories! Some good, some bad and some terrifying! In this case, 10-years after the global financial markets came close to collapse, the word terrifying would seem to be a good fit! But what went wrong in 2008 and is it possible the same could happen again? To my mind, one word seems to describe the environment […]
Remember the 2008 financial crisis? Of course you do as it crushed many individuals along with entities entrusted as fiduciary’s that were managing OPM or, other peoples money! In the era leading-up to the implosion of the global financial markets, more than a few titans of finance from Wall Street to the streets of small school […]
Derivatives…Derivatives? D-E-R-I-V-A-T-I-V-E-S! Most if not everyone who reads this article has heard the term derivatives at some point in time. And when they have, it’s likely been in the context of how these financial instruments that are not typically seen and not really understood by the masses are actually fiscal time bombs that, if ever detonated, could bring […]
