The banks are happy

06.11.2005

via Handelsblatt Weblog

When I look at the quarterly reports of HSBC or Citibank, I find this article very amusing. Comparing even a quarter's profits of HSBC with the value of a German bank from Frankfurt takes your breath...

Deutschland can’t do it

01.11.2005

That may be the case, but the head of Goldmann Sachs, Henry M Paulson, has a much more optimistic view of Germany - check out his interview in the Spiegel from 22.10.05. He particularly praises German firms for doing their...

Das Grüne Band – Share certificate

31.10.2005

With this entry I would like to advertise for investment in a piece of nature, as a shareholder of the Grüne Band. You can acquire a piece of what used to be the border strip between East and West Germany. Buying a share helps to...

German banks

31.10.2005

As I was trying to close an account with the currently largest German private bank today, I noticed this bicycle outside the main entrance to the Wiesbaden branch. I just couldn't resist taking a photo. As a shareholder in the...

Donate your jobs!

30.10.2005

Jobs or no jobs. If China continues to boom, natural resources will become increasingly scarce and prices will rise accordingly. That is an economic problem to start with, but it is much worse what is actually done with the raw...

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Travel: Purchasing power on holiday

28.10.2005

- Is completely irrelevant if you change some of your capital into the most important foreign currencies and don't change it back. This can be done with call money accounts, money market funds (to be avoided), retirement funds...

Accounts: What is truth? ... Enron, Refco, Tyco, Worldcom ... shall I go on?

27.10.2005

How am I to understand this entry? Were Enron, Refco, Tyco and Worldcom not enough, to understand that we will never hear the whole truth? After all, otherwise there wouldn't be any winners and losers :-)

via Handelsblatt...

Alan Greenspan’s successor

26.10.2005

US President George W. Bush has named Ben S. Bernanke as the successor to Alan Greenspan. We will find out whether the decision was a good one or not in the next few years. In any case, it remains a fact that Alan Greenspan...

New Category: World of Finance

26.10.2005

[Translate to English:] Unter der neuen Kategorie werde ich über Themen wie Börse, Immobilien, Geld und vieles mehr schreiben.

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