Larry Ellison has said that with the acquisition of Sun he is ready to take on IBM in the enterprise.
Others don’t think so.
I’ve been steadily impressed with what IBM is doing in financial services. Everyone talks solutions, and has done for years, but IBM seems to offer the combination of hardware, software and services to [...]
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Technological Revolutions and Financial Capital is a slim (171 pages of text) book with a hefty punch. In it Carlota Perez charts major technological changes over two centuries that drew in massive amounts of speculative capital, created a bubble that then burst, and then continued in a quieter fashion to spread through the world drawing [...]
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Holman Jenkins of the Journal quotes Warren Buffett on the destructiveness of mark to market accounting for regulatory purposes and goes on to explain:
“Banks can be forced to raise capital when capital is unavailable or unduly expensive; regulators can be forced to treat banks as insolvent though their assets continue to perform.
What happens next is [...]
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OK, the tech visionaries who want to talk about innovation in banking probably don’t have a social life anyway, so here’s an event for them -
BarCampBank, which promotes itself as the Unconference group is holding a full day confernce on Saturday 14 February at Sun’s offices in London.
“If you are an innovator, a disruptor or [...]
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What’s not to like about this — a winter seminar in lovely Sarasota, FL — on the Gulf of Mexico. And the speaker list makes it all look legit. Sponsored by BITS and the FInancial Services Technology Consortium, it will provide senior financial services executives with the opportunity to explore new technology and R&D to [...]
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I wrote a piece about green banking that appears in the latest issue of Banking Technology. It includes steps being taken by Citi and Bank of America, among others.
So I was amused the other day to get a paper statement from BoA telling me I had a zero balance in my line of credit. And I had [...]
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In the works for two and a half years, according to one person on the team, Microsoft has brought out a new version of HPC with the familiar Windows front end, so Super Power (Kryptonite not included in the base price) is not only available but usable.
The company wheeled out some impressive executives for this, [...]
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I am working on a story about green and banking, and frankly I am approaching the topic with a bit of skepticism. The ultimate green move would be to decrease consumption, but what would that do to the credit industry. Ah, what credit industry, you ask. Hmm, good point.
I was struck by an obvious contradiction [...]
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Ah, sweet revenge. Chinese leaders are offering the US advice on how to run its economy, and a bit of criticism on its performance so far, reports Edward Wong in The New York Times. The Chinese have called America’s concept of economic regulation “warped,” and called on the country to halt the dollar’s decline. America [...]
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James Tisch in the Wall Street Journal commenting on the banking crisis:
“If there’s nothing to do, do nothing. But many CEOs can’t so that. If you’re an action junkie, it’s going to get you in trouble.”
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