Month: December, 2007

Less is more? Risk and optionality

7 December, 2007 (17:39) | Markets, Primer Posts, Subprime | No comments

How much did third baseman Mike Lowell leave on the table by re-signing with the Red Sox?

This post creates an excuse to run yet another photo of the World Series Champion Boston Red Sox
 
Scarcely had the Red Sox completed their sweep of the Colorado Rockies when the chants began: “Don’t — sign — A-Rod!” went one, referring […]

The ‘Thanksgiving miracle’

6 December, 2007 (09:41) | AHI activities, Essential posts, Innovations, SDI, Slums, World news | No comments

Ever have a story that you were bursting to share?  Now, finally, I can tell this one, because it’s been publicized in a Neal Peirce column in such places as the Houston Chronicle:
 
Nov. 22, 2007, 1:17AMGates millions, slum-dwellers: Thanksgiving miracle?
By NEAL R. PEIRCE
 

A man who knows how to tell a story in 800 words
 
Call it, […]

France: urban brushfires

5 December, 2007 (10:10) | France, Public housing, World news | No comments

The violence appears to be subsiding:

The first thing everyone mentions is the helicopters: the relentless throbbing of blades cutting through the skies above and the probing searchlights that have kept the residents awake over the last four nights.
 

Helicopter flying over VIlliers
 
The gunfire that echoed off the walls of the tower blocks in a violent […]

Discovering a subprime solution: Part 2, who shall be saved?

4 December, 2007 (10:04) | Capital markets, Ecosystems, Innovations, Subprime, US News | No comments

[Continued from yesterday’s Part 1.]
 

That’s the only thing a lender will refund cheerfully
 
Yesterday’s blog post reported about the broad-based subprime mortgage-interest-relief program being constructed by the industry and Treasury Secretary Henry Paulsen, almost as if he were reading AHI, and as reported in Friday’s Wall Street Journal. 
 
Top Treasury officials fear that unless creditors agree […]

Discovering a subprime solution: Part 1, gathering the clans

3 December, 2007 (09:59) | Capital markets, Ecosystems, Innovations, Subprime, US News | No comments

Almost as if he were reading AHI, Treasury Secretary Henry Paulsen has been slaving over a hot speakerphone to put together a pre-packaged workout/ loan modification program for a large slice of the subprime market.

This’ll give them all a bhang
 
As reported in Friday’s Wall Street Journal, the broad concepts have been agreed and the details […]