Just over a year ago, back in November 2006, burningpants published an obituary when Milton Friedman died as he was an economist whose work we had always greatly admired.
The obituary at the time wasn’t just for Mr. Friedman mind you, who at 94 had lived long and …
The US sub-prime led credit crunch has turned out to be much more insidious than the market first judged, or at least wanted to believe.
Global financial heavyweights such as Citibank, Merrill Lynch and UBS et al were all surprisingly left holding the proverbial parcel when the music …
One of the most sensitive topics in financial services from both an industry and a consumer point of view is the issue of outsourcing jobs overseas.
The matter is a highly touchy subject both politically and commercially and the power of public opinion and the potential for brand …
Australians are divided in their outlook for both the domestic economy and the global sharemarket according to two new CoreData Australia polls – with two out of five either optimistic or pessimistic on both issues.
The opposing opinions could be the result of the so-called dual economy that economists and …
As investment markets were gyrating wildly last week burningpants spotted this outlandish symbol of modern day excess in Sydney’s central business district.
Now burningpants wouldn’t normally write a posting based purely on the sighting of a car, however in this instance we felt given the car was in the …
A closer look at the ongoing Westpoint saga in Australia and the US sub-prime seeded credit crunch reveals a number of parallels between otherwise non-related events.
In both instances washed-up bodies continue to litter and taint what had been otherwise pristine investment beaches in their respective markets over …
