By Kent Lyndon Why? Michael Lewis’ “The Big Short” is much more important to our daily lives, that’s why. Those of you who have read my columns, through Rick’s “Inweekly”, will be…
Author: Kent Lyndon
House of Sticks: Where Are The Watchdogs?
By Kent Lyndon We’re supposed to have flying cars in five years, so let’s board an imaginary vehicle and hop around to a few large American cities and see what has been…
House of Sticks: After Shock
This audience, like most groups, will have mixed emotions about my commentary that will range from “ho hum” to angry complacency (powerless to act but mad as hell) to writing lawmakers attached…
House of Sticks: A Slight Diversion…Tongue In Cheek
Last month I had the opportunity to view the movie, “The Wolf of Wall Street” (WWS). What I was hoping to see was a continuation of the old Gordon Gekko character. What…
House of Sticks: Accounting with a Twist
Are you familiar with the term “mark-to-market” accounting? Okay…. mosey back into Google and look it up. This term represents where some economists want to place blame for the financial crises we…
House of Sticks: Kneading (or Needing) the Dough
Grab your favorite search engine (Google always works for me) and type in “55 trillion”. A Bloomberg article dated 10-18-11, featuring writers Bob Ivy, Hugh Son, and Christine Harper, will appear. A…
House of Sticks: Resuming the Chase
My allegiance to this column is based on my ability to lead you to credible references. Giving you resources that can verify my statements in detail, and name names, from the events…
House of Sticks: LaRouche was on target
Go into Yahoo and type in “Understanding the Financial Crisis”. A list of seventy four books will appear. Some of those works are written by authors known to you and I because…
House of Sticks: Margin Calls
When you and I decide to buy 200 shares of stock on margin, that concept means we are paying for 100 shares and borrowing money to buy 100 shares. Interest will be…
House of Sticks: What’s the remedy
Nine major financial firms collapsed during the 2007-09 timeframe and, according to retired Fed Chairman Bernanke, 12 out of the 13 largest financial firms were in critical condition. Could a retail mortgage…
House of Sticks: Who got bailed out?
Have you had some fun reading about the scandals, the bankruptcies, and who some of the culprits are? Did the demise of Barings, BCCI, LTCM, and Enron, and the problems encountered in…
House of Sticks: Origin of Derivatives
One can trace the origin of derivatives, for the purpose of the future delivery of a product, to Mesopotamia circa 2000 BC. The actual trading of derivative contracts can be tracked to…