The Pakistani Spectator

A Candid Blog


Posts Tagged ‘US Economy’

Obama Prepares Pyre

By Dr. Hassan Isfahani • Dec 13th, 2009 • Category: Politics

I am shocked at the guys who have nominated and given away Nobel peace prize to the US president Barack Obama. Even Americans who voted for change are ill at ease and weeping at the time when they voted for the African American presidential candidate.
The more the things change, the more they remain same.
America is [...]



Lessons from Global Corporate Frauds

By Guest Blogger • Mar 25th, 2009 • Category: Misc

As global capitalism lurches around in crisis, it seems that there is no end to the worms crawling out of the woodwork. The financial crash and economic downswings have been accompanied by more than just cyclical bad news from companies that have been [...]



Be an Iconoclast

By The Pakistani Spectator • Nov 1st, 2008 • Category: Politics, Worth A Second Look

The surprise in the past few weeks is that people (professionals included) are surprised by the current financial crisis. In a book titled “the (Mis)behavior of Markets” Benoit Mandelbrot argued that crisis of this magnitude took place more often than even financial models assumed and that therefore, interest rates did not fully account for the [...]