Amvona

Thursday, 29 January 2015 |

To Hedge or Not to Hedge

Written by
Rate this item
(0 votes)

Much is being made of American Airlines' "bold" decision to avoid hedging its fuel costs.

I fully believe that corporations engage in way too much hedging, mostly to the benefit of big financial institutions. But let's be clear, a just out of bankruptcy counterparty is not going to be doing a lot of swaps deals anyway....

Wednesday, 28 January 2015 |

301 Moved Permanently

Written by
Rate this item
(0 votes)
301 Moved Permanently...
Tuesday, 27 January 2015 |

The Melting Ice Cube Fallacy

Written by
Rate this item
(0 votes)

imageCan a company really melt? Putting aside a business with a perishable product or inventory, does management really wake up one morning and say, “Wow, if we do not sell this company in 30 days or less, we will lose significant value for our stakeholders.” I highly doubt it. Rather, I think a company “melts” because...

Rate this item
(0 votes)
As often happens with snowstorms, the forecasters look to have gotten it a bit wrong, with supposedly epic snowfall of two feet plus for New York City now significantly downgraded by the Weather Channel, which has a bias to overpredict, to what looks like 12 to 14 inches total. But even with the worst of the storm now hitting further north, were...
Rate this item
(0 votes)
I was going to start out saying yesterday was the saddest day in Europe in 50 years, or something like that, because of the insane and completely nonsensical largesse the ECB permits itself to launch, aimed at once again saving a banking system, but which will not only not help the European people, it will make things even much worse than they...
Friday, 23 January 2015 |

301 Moved Permanently

Written by
Rate this item
(0 votes)
301 Moved Permanently...
Wednesday, 21 January 2015 |

Thanks to Matthew Bruckner

Written by
Rate this item
(0 votes)

We want to thank Professor Matthew Bruckner of Howard University for hanging out at Credit Slips for a while. We appreciate him sharing his thoughts on some of the finance issues facing legal education and issues surrounding student debt....

Tuesday, 20 January 2015 |

301 Moved Permanently

Written by
Rate this item
(0 votes)
301 Moved Permanently...
Rate this item
(0 votes)

In preparation for some upcoming projects with sociologists, including my new collaborator Rob Mayer (Utah) and on another project, Alan Burton (UNM Sociology professors and UNM law student), I am beefing up on my sociology research. Alan directed me to a recent article, Restructuring the Financial Industry: The Disappearance of Locally-Owned...

Rate this item
(0 votes)
One of the most striking things about the testimony in the AIG bailout trial is the degree to which Fed officials play fast and loose with the truth. And I don't mean the normal CEO version of having no memory of events that are inconvenient and very detailed recollections of things that boost their case. I mean statements that are flat out false....

© 2014 Amvona. All rights reserved. visit www.lemelsoncapital.com

Top Desktop version