Comments on: Collateral: a possible connection between investment banks and the sub-prime crisis http://socfinance.wordpress.com/2008/09/15/collateral-a-possible-connection-between-investment-banks-and-the-sub-prime-crisis/ a blog on the social studies of finance Tue, 10 Nov 2009 00:20:37 +0000 http://wordpress.com/ hourly 1 By: rumberhaccivelib http://socfinance.wordpress.com/2008/09/15/collateral-a-possible-connection-between-investment-banks-and-the-sub-prime-crisis/#comment-1726 rumberhaccivelib Wed, 31 Dec 2008 09:39:19 +0000 http://socfinance.wordpress.com/?p=441#comment-1726 nbibpagufvtyocjpwell, hi admin adn people nice forum indeed. how's life? hope it's introduce branch ;) nbibpagufvtyocjpwell, hi admin adn people nice forum indeed. how’s life? hope it’s introduce branch ;)

]]> By: typewritten http://socfinance.wordpress.com/2008/09/15/collateral-a-possible-connection-between-investment-banks-and-the-sub-prime-crisis/#comment-1449 typewritten Wed, 17 Sep 2008 12:55:37 +0000 http://socfinance.wordpress.com/?p=441#comment-1449 About the search for fundamentals: what would be the ultimate, fundamental collateral? Just one idea: Uranium (Nibelungen's Uranium?). More seriously: it's interesting that all this fluctuating scenery is fostering conundrums about the "fundamental underlying" of financial wealth which strongly remind of the ones described by Marc Shell in _Money, Language, and Thought_ or by Jean-Christophe Agnew in _Words Apart_. About the search for fundamentals: what would be the ultimate, fundamental collateral? Just one idea: Uranium (Nibelungen’s Uranium?). More seriously: it’s interesting that all this fluctuating scenery is fostering conundrums about the “fundamental underlying” of financial wealth which strongly remind of the ones described by Marc Shell in _Money, Language, and Thought_ or by Jean-Christophe Agnew in _Words Apart_.

]]> By: marthapoon http://socfinance.wordpress.com/2008/09/15/collateral-a-possible-connection-between-investment-banks-and-the-sub-prime-crisis/#comment-1436 marthapoon Tue, 16 Sep 2008 14:40:53 +0000 http://socfinance.wordpress.com/?p=441#comment-1436 Could this been interpreted as an old fashioned attempt to create more liquidity by reaching for 'fundamentals'? In the good old days in consumer credit there were three fundamentals: character, capacity and collateral. (For example, for years, the 'charater' of the American people was touted as the ultimate fundamental of consumer credit markets.) To increase consumer credit meant expanding the definition of a fundamental. The search for fundamentals of course assumes that they are solid - that they themselves are not fluctuating... Could this been interpreted as an old fashioned attempt to create more liquidity by reaching for ‘fundamentals’?

In the good old days in consumer credit there were three fundamentals: character, capacity and collateral. (For example, for years, the ‘charater’ of the American people was touted as the ultimate fundamental of consumer credit markets.) To increase consumer credit meant expanding the definition of a fundamental.

The search for fundamentals of course assumes that they are solid – that they themselves are not fluctuating…

]]> By: typewritten http://socfinance.wordpress.com/2008/09/15/collateral-a-possible-connection-between-investment-banks-and-the-sub-prime-crisis/#comment-1434 typewritten Tue, 16 Sep 2008 13:26:31 +0000 http://socfinance.wordpress.com/?p=441#comment-1434 What if they perfectly understand vicious cycles and this is just a way of setting the scene for a forthcoming, urgent nationalization of the financial sector and, hence, a step towards socialist harmony? One hypothesis: Ben Bernanke has read Mao Tse-Tung's writings on the notion of contradiction, and is using them right now. What if they perfectly understand vicious cycles and this is just a way of setting the scene for a forthcoming, urgent nationalization of the financial sector and, hence, a step towards socialist harmony?

One hypothesis: Ben Bernanke has read Mao Tse-Tung’s writings on the notion of contradiction, and is using them right now.

]]> By: danielbeunza http://socfinance.wordpress.com/2008/09/15/collateral-a-possible-connection-between-investment-banks-and-the-sub-prime-crisis/#comment-1432 danielbeunza Tue, 16 Sep 2008 02:47:59 +0000 http://socfinance.wordpress.com/?p=441#comment-1432 Agreed. It raises questions about the extent to which market actors (including not just regulators, but specially CEOs of investment banks) understand the dynamics of virtuous and vicious cycles. Agreed. It raises questions about the extent to which market actors (including not just regulators, but specially CEOs of investment banks) understand the dynamics of virtuous and vicious cycles.

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