Archive for the ‘Le Gardien’ Category

Five Scientists on Climate Change

In Le Gardien on November 30, 2015 at 12:46 AM

According to a Time magazine article from November 2, 2015, the world’s second richest man Bill Gates is currently putting “$2 billion” of his foundation’s money into raising awareness of the world’s energy problems—aiming to help achieve a cheaper and as reliable energy system with zero carbon dioxide emissions. Billions of dollars in mind, here are five well-respected scientists, including a geologist, two theoretical physicists and an economist, discussing climate change—a major headline this week with world leaders gathering in Paris. Read the rest of this entry »


Pyres, Irony and Arrogance

In Le Gardien on November 16, 2015 at 10:21 PM

From Atlanta,

Earlier today I stumbled off the beaten path to take this picture of “The Shade” and the Sunset with a flower dedicated in front presumably to the Paris victims from Friday’s massacre. The Rodin statue represents a gift from Paris to commemorate the deaths of several Atlantans from a plane crash years ago in France. I have always found this gift to be impressive. Read the rest of this entry »

Caveat Emptor: Property Tax Exemptions & Demographic Risk in the Housing Market

In Le Gardien on August 7, 2015 at 1:50 AM

If you are buying a house this year, then beware of property tax exemptions and demographic risk in the housing market, i.e., specifically, understated property tax estimates reflected in your projected monthly mortgage payment. When the seller of the property is a senior receiving a 100 percent property tax exemption, then your first “real” monthly mortgage payment can very easily be largely understated, and in some cases significantly so based on the property value. Errors in the underwriting process and realtor advertising can make for significant “payment shock” and imperiled repayment prospects just as you are handed the keys to your new castle. Monthly debt services include principal, interest, taxes and insurance (in typical instances). Read the rest of this entry »

The American Citizen According to Mark Twain

In Le Gardien on October 27, 2012 at 1:24 PM

As Lord Twain reminds us, we Americans prefer ice water. That makes us truly American. Other crypto-schizophrenic features remain, however:
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The Embedded Derivative in Financial Regulatory Reform Legislation

In Le Gardien on April 25, 2010 at 9:09 PM

Last Wednesday, the Senate Agriculture Committee voted to move forward with proposed legislation concerning derivatives contracts regulation. Ranking minority leader Saxby Chambliss (R-GA) impressively opposed the bill; however, the Vote ended 13-8 in favor of passage anyway, with one Republican, Chuck Grassley (R-IA), voting in favor of the legislation. Read the rest of this entry »

Gov’t Paper

In Le Gardien on December 7, 2009 at 3:51 AM

In this version of Le Gardien, we spotlight not the commercial paper market, but the government paper market; and more specifically the sovereign debt market as a bubbling area for potential concern.

Gillian Tett, a prominent ahead-of-the-curve writer at Financial Times, has featured an article outlining concern for sovereign debt risk levels escalating across banking portfolios worldwide. Read the rest of this entry »

CoCo Bonds

In Le Gardien on November 17, 2009 at 12:08 AM

“You are what you eat,” so goes the old nutrition adage.

That thought in mind, Le Gardien represents a new thread provided here, one whereby the freshest products being offered in the financial planetary landscape will be explored and/or at least made known a little more so in fuller, adequate lighting.
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