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Having just returned from a very interesting few days in Moscow, after an 11 year hiatus since my last trip to Russia (maybe the subject of a future blog post), I’m back in battered Athens to headlines in the financial media and blogosphere such as “PIMCO Head Predicts Default for Greece, Others“, “Surviving Greek Government … Continue reading
Dateline: Athens Amidst reports that Greek Prime Minister George Papandreou has struck a deal with the so-called ‘troika’ – the EU, ECB and the IMF – to extend the maturities of Greek sovereign debt through 2014 and to throw more money into the ailing country against a promise of increased fiscal austerity, the currency markets today … Continue reading
With all the attention the whole phenomenon of e-books has been getting lately – and to a lesser extent the phenomenon of print-on-demand (POD) self-publishing or indie publishing – I thought I would say a few words to the wise on the subject. There are lots of resources available out there in the cloud to … Continue reading
Moody’s downgraded Greece’s sovereign debt rating to Caa1, with a negative outlook, from its recent low of B1. But apparently we shouldn’t worry too much. Apparently only 50% of countries rated Caa1 default, and that within 5 years. Then again, weren’t Moody’s among the rating agencies who A-rated tons of mortgage-backed securities?
damianlawrencetheauthor 