Category: Sovereign bankruptcy

Month in Review, March, 2016: Part 2, Two tales of two countries

24 May, 2016 (10:04) | Argentina, Capital markets, China, Democracy, Global news, Government, Rent control, Rental, San Francisco, Sovereign bankruptcy, Zoning | No comments

By: David A. Smith  [Continued from yesterday’s Part 1.]   As we saw in yesterday’s Part 1, in complex systems like cities, government, and housing, success looks easy only after the fact, and invites tinkering with the finely balanced elements of that success.   See?  Nothing to it!   Indeed, many there are who believe […]

Month in Review, March, 2016: Part 1, Two tales of two cities

23 May, 2016 (08:38) | Argentina, Capital markets, China, Democracy, Global news, Government, Rent control, Rental, San Francisco, Sovereign bankruptcy, Zoning | No comments

By: David A. Smith Before human beings had nations, cities were the dominant political unit, and it was through cities that momentous change came to the world – so we say Athens and think philosophy, Rome and empire, Florence and the Renaissance.    Inventing a Renaissance within the city’s walls   Because cities are defined […]

Time to thank the vultures? Part 2, Any investigator anywhere in the world

9 May, 2016 (10:00) | Argentina, Capital markets, Ecosystem, Global markets, Hedge funds, Law, Panama Papers, Sovereign bankruptcy | No comments

[Continued from yesterday’s Part 1.]   By: David A. Smith   As we glimpsed in yesterday’s Part 1, using the unwitting diptych of two Economist stories from the same April 16, 2016 issue, the first a sidelight on the Panama Papers, the second Economist (April 16, 2016; buff blue font), the best systems of governance […]

Time to thank the vultures? Part 1, A crack in the wall of secrecy

6 May, 2016 (10:00) | Argentina, Capital markets, Ecosystem, Global markets, Hedge funds, Law, Panama Papers, Sovereign bankruptcy | No comments

 By: David A. Smith   Are you glad the Panama Papers came to light?    With numerous governments already announcing probes into the Panama papers and others preparing to do so, Mossack Fonseca, the law firm from which the hoard of documents about offshore companies was leaked, will be receiving lots of inquiries in the […]

The rime of the Argent manager: Part 5, To him my tale I teach

18 March, 2016 (10:00) | Argentina, Capital markets, Collateral default, Economic policy, Global news, Hedge funds, International law, Observant Herd, Sovereign bankruptcy, US News |

By: David A. Smith [Continued from yesterday’s Part 4 and the preceding Part 1, Part 2, and Part 3.] As yesterday’s post ended, the Argent ship of state had replaced its economically mad captain, charted a course back to the more temperature political climes, and repented (legislatively, anyhow) of its previous seizures. But ere my […]