Temple Associates

Advice for Fund Managers, Securities and Banking Firms

10 Dec 2009

Productive vs Unproductive Lending

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Interesting comment by Bob Prechter about US Banks growing lending to consumers at the expense of lending to business.
9 Dec 2009

Legality of Windfall taxes doubtful

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We all wonder about the absurdity of some claims about discrimination, unfair treatment etc but one thing appears to be clear: the practice ...
21 Nov 2009

BayernLB: State-owned Banks no solution

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The sorry state of Bayern LB demonstrates that public ownership of banks is no solution to the problem posed by banking supervision. While...
20 Nov 2009

Democracy and Bank Bailouts

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The lack of democratic control is an all-pervasive defect of modern societies. More and more decisions are made by technocrats and a politic...
19 Nov 2009

London: hellbent on destruction

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Not enough that the town is still - despite the collapsing Pound Sterling - expensive, that public transport may not get better in a time sp...
18 Nov 2009

Patent for Investment Methods

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News that Research Affiliates has been granted a US patent for an indexing methodology that selects and weights securities using fundamenta...
4 Nov 2009

Windfall Profits Tax - arbitrary and discriminatory

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Some Commentators are toying with the idea of imposing a windfall profits tax on British Banks. We are not trying to defend what some may co...
2 Nov 2009

EU competition policy arbitrary

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When a major bank states that the EU may force 'unforeseen' asset sales alarm bells should be ringing. We have repeatedly stated on ...
1 Nov 2009

Ostentatious Consumption - good or bad?

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Goldman Sachs' Lloyd Blankfein has asked his employees to avoid being seen as big spenders. The jury is out whether this is just a cos...
25 Oct 2009

Breaking up big banks? There is a middle-way

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A middle way to safeguard the utility component of banking and isolate the riskier parts of the business would be to require all investment ...
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