In his ever-interesting blog Lars Toomre writes of big lay-offs in the Wall St structured finance departments. On the afternoon of Wednesday August 29th 2007, rumors of pending layoffs in the structured finance areas are being reported in the media. CNBC and The Wall Street Journal are reporting that major layoffs are going to [...]
From the monthly archives:
August 2007
I don’t know how many of you are fans of Google Earth (I love it, especially as it now does star maps, too), but it now seems to be creeping into mainstream corporate use. Allianz are now using it as a risk management tool to estimate exposures in, for example, the case of a [...]
For those of you who recall the shock of reading ‘Neuromancer’ and who think that the future can be predicted with some measure of certainty, here’s a bit of a wake-up call from William Gibson: We hit a point somewhere in the mid-18th century where we started doing what we think of [as] technology [...]
