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Archives: November 2011

1907 Butte, Montana

Posted by: Tom Keene on November 30

The failure of the corner left Otto unable to meet his obligations and sent his brokerage house, Gross & Kleeberg, into bankruptcy. On Thursday, October 17, the New York Stock...

Youth Harboring Dreams

Posted by: Tom Keene on November 29

With the Italian establishment commemorating 150 years of unity this year, ordinary Italians know that there is little to celebrate. Unification is no longer an issue, but the problems that...

March 9, 1933

Posted by: Tom Keene on November 22

The Emergency Banking Act was introduced on March 9, 1933, to a joint session of Congress and was passed the same evening amid an atmosphere of chaos and uncertainty as...

They Do Not Dither in the Voting Booth

Posted by: Tom Keene on November 21

Fiscal problems in Europe can be solved. Large adjustments based on the spending side work, they are not recessionary and are not the kiss of death for the governments implementing...

Look Beyond Bill and Mohamed

Posted by: Tom Keene on November 17

We capture a village's reservation status by a dummy variable which equals one if the village belongs to a GP reserved for SC/ST. We use two dummy variables to measure...

Non Abbiamo Nulla da Temere, ma la Paura Stessa

Posted by: Tom Keene on November 10

It is growing apparent that the euro area may be too late to deliver a policy response that can avoid nonlinearity in Italy. A succession of earnings results from banks...

Thomas Mayer

Posted by: Tom Keene on November 07

The following cable from U.S. ambassador to Germany Philip Murphy ("Ambassador Murphy spent 23 years at Goldman Sachs and held a variety of senior positions, including in Frankfurt, New York...

Your Worst Nightmare...Allan Meltzer

Posted by: Tom Keene on November 03

A legitimate academic study of economics must include a critical discussion of both the benefits and flaws of different economic simplifying models. As your class does not include primary sources...

Stephanie G. Schrock

Posted by: Tom Keene on November 01

...(including subsidiaries which are not debtors in these chapter 11 cases), is the latest available information and refers to MF Global's and its debtor-subsidiaries' condition on September 30, 2011. a....


EconoChat captures Tom Keene's thoughts on economics, finance and investment. He is editor-at-large for Bloomberg News and hosts Bloomberg Surveillance and Bloomberg on the Economy on NYC1130, Sirius 129 and XM 130 and Surveillance Midday on Bloomberg Television. His complete interviews are at Tom Keene on Demand. Look for Tom on twitter @tomkeene

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