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{ Category Archives } 1.4. Readings, Sept. 25

1,784 billion, trillion dollars

That’s the amount Bank of America is being sued for by an unsatisfied customer named Dalton Chiscolm. Mr. Chiscolm argues that BofA didn’t issue his checks in a correct way, and that some information from the bank was being “inconsistent”.
The matter is now being handled by District Judge Denny Chin, who prior to this case [...]

“Not the Financial Times”

Has Journalism become “Churnalism,” as presented in this article?  It is important to examine the relationship between business/ economic journalists and various investor/ public relations executives – at what lengths should journalists  go to verify PR/ IR information? What are the consequences to the society at large of having “churnalists?”
The article also recalls the “Not the Financial [...]

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NATO on Climate Change

No Action Talk Only (NATO). That’s what world leaders have been doing about climate change — the greatest threat to humanity in this century. If this issue keeps looming with no substantial progress, the future is at stake. And stop making this a political game between developed and developing economies! The US and China have [...]

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David Versus Goliath

Two forces are at work: One large, powerful, rapacious– the other, small, and weak but popular. According to this article from Bloomberg, one little socialist from the European Parliament has begun a campaign to impose greater regulations on hedge funds and private equity funds. He is not whingeing about banker bonuses, but about information and [...]

Criticisms on journalism research

Academic arguments
From Magazine of National Union of Journalists
By Gary Merrill , an honorary tutor at the Cardiff School of Journalism, Media and Cultural Studies
This short article is about criticisms on journalism research in the UK, and gives reasons why journalism research is criticized.
Here are the three criticisms on journalism research:
1. Journalism research is done by [...]

Potential future business trend

I thought this week it would be interesting to note China’s rise in military spending, as to be highlighted by the military parade planned for the coming National Day celebrations.
I believe that, in the coming years, there’s a potential slow-burning investment story to follow here, as the more China spends on its military, the more [...]

Mao’s grandson’s major

Do you have any idea of chairman Mao’s grandson? What does he do as a major? — He writes books and articles on his grandfather! See the NYTimes story of Major Mao.

Good Reference for Financial Crisis news

Everything about updates in financial crisis can be found in the following site. You may keep tracking on what is happening around the world related to their problems caused by the crisis and proposed solutions.
http://news.yahoo.com/topics/financial-crisis
Kenneth Chan Chun Kit

Business Books: Peter Pan syndrome hits Wall Street

An interesting reference of what happened in the United States to a fairytale character Peter Pan. Please refer to the following news and get the book if you are interested.
http://news.yahoo.com/s/nm/20090924/lf_nm_life/us_books_neverland_1
Kenneth Chan Chun Kit

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Tim Geithner on USD: rubbish worth our attention

Well… does Tim Geithner’s notion mean anything substantial to boost the dollar, or just a reminder for investors of how bleak the outlook of dollar is?
1. 25 Sep 2009:
The G-20 meeting gives another opportunity for Tim the Treasury to stress the importance of a “strong dollar” for the goodness of “international financial system”.
2. More than [...]