Andre J. Peschong

Gordon Brown, the currently embattled Prime minister of the UK, has just been dealt another crushing blow that has very serious and profound consequences.  Because of the UK’s current economic plight, mainly stemming from banking bailout, his country’s AAA debt has been downgraded by S&P from a stable to a negative outlook.  This is a [...]

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This post on the “When Giants Fall” website really crystallizes the administration’s agenda.  One of the key foundations of our capital markets system is confidence, without confidence there would be mass panic and chaos.  All of the US treasuries and debt issued by our government is backed by what?  It is backed by the full faith [...]

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Yes, an odd name for an article but one that has true meaning in this particular case.  The following piece came out about a week ago and it distills down the essence of the “white elephant.”  First of all, what is a white elephant?  Well, in the deal business and in “Wall Street speak,” it [...]

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