Control of information and data equates to control of people and markets. Warnings from Milton to Orwell and the ideological struggle between capitalistic and socialistic market approaches increasingly result in greater wealth and freedom. At Chicago's Techweek 2011 conference, the evolution toward freedom and away from control manifested in Friday talks through the benefits … [Read more...] about DATA: Open Data, Transparency, and Efficient Markets
economy
CRE Risks and Other Bank Stability Indicators
In February 2011, economists told us that the Great Recession is receding, if not over. If many consumers—and their banks—still feel mired in that same recession, at least the fiscal crisis of 2008 is history. The markets are stable, business profits are up, employment is improving, and it looks like the free fall in real estate values for homes, office buildings, hotels, and … [Read more...] about CRE Risks and Other Bank Stability Indicators
China, India, and Japan: A Dispatch from Sibos
China and India remain high on the financial and banking agenda, with attendees at SWIFT’s Sibos 2010 conference packing the room for a session called “India and China: How Do You Choose?” The rise of China especially, in both currency and trade, played as a theme through Sibos, the annual financial and banking conference held in Amsterdam this October. Many U.S. and Europeans … [Read more...] about China, India, and Japan: A Dispatch from Sibos