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13 Citations
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1 Citation
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Minyanville - Market Commentary, Investing Ideas, Global Finance, The Economy 1 Citation In the world of illiquid assets, sports teams are as scantly traded as even the most esoteric mortgage-backed securities. And with markets for such things still frozen, the lofty valuations of recent years could soon be set to tumble.
The majority of sports franchises are owned by wealthy businessmen, most of whom made their fortunes in industries far removed from the on-field exploits of their hundred-billion-dollar hobbies. Now that those primary businesses are suffering -- and the ultra-rich are seeing their vast wealth depleted -- sports teams may be dumped into a decidedly unfriendly market.
The Wall Street Journal reports more than a few team owners have fallen on hard times, threatening to burst what many believe to be a bubble in America?s favorite sports dynasties., delicious.com
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American Thinker: Wrecks, Lies and Barney Frank 1 Citation Democrats have a lot to hide about their role in creating the current financial crisis and are doing their best to appear blameless with charges directed elsewhere., delicious.com
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Confessions of a risk manager - A personal view of the crisis 1 Citation Why did banks become so overexposed in the run-up to the credit crunch? A risk manager at a large global bank?someone whose job it was to make sure that the firm did not take unnecessary risks?explains in his own words, delicious.com
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Economist's View: Ethical Subprime Lenders 1 Citation
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1 Citation The financial crisis is creating a boom for independent analysts who are being hired by banks and investors scrambling to put a number on the value of some of the trillions of dollars of toxic assets that continue to plague the global financial system., delicious.com
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Illiquid Assets - The Truth - The Market Ticker 1 Citation
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SecondMarket_Overview.pdf (application/pdf Object) 1 Citation
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1 Citation
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