Archive - Dec 20, 2009 - Blog entry
Searching for Survivors Among The Financial Wreckage
Submitted by inoculatedinvestor on 12/20/2009 20:37 -0500In response to a piece penned by Tom Brown of bankstocks.com about Synovus Financial, I carefully go through his bullish arguments and point out areas in which we do not share the same outlook. In trying to assess the potential risks, the questions I try to answer are as follows: (1) Will SNV have enough capital to make it through the cycle without further diluting shareholders and (2) What is the probability that SNV does not survive this credit cycle?
The Problem With Economics?
Submitted by Leo Kolivakis on 12/20/2009 11:19 -0500What's the problem with modern economics? Here is an interesting exchange on methodology between Paul Krugman and Michael Hudson...
