Chinese Hegemonic Effect Overtakes U.S.? Not So Fast [View article]
Larry; it seems to me you believe Market just like god will sort every thing out in the end. Then why the FED and Mr Paulson were having difficult to stay put last 12 months; beacaue they knew the market is involved with million of selfish evil traders who are trying to make a few $ at any expenses. more than $!thrillion subprimes loss was the result of your free market believe; how much more loss you like to see before you could stop worshipping your god Market.!
Global Investing, BRIC by BRIC: Part II [View article]
all 6 chinese government banks have been listed on stockexchange since 2002 and has been profitable year after year; every bank has huge deposits from their customers and bad loans are at record low around 2%; I do not understand why the author here are talking down chinese banks? rather most american and british banks are all evils and have no real deposits besides debts!!!
Chinese Companies Need Stable Capital [View article]
mr petti background: an ex bear stearn trader who is teaching in China now.
Michael Pettis is a professor at Peking University's Guanghua School of Management, where he specializes in Chinese financial markets. He has also taught, from 2002 to 2004, at Tsinghua University’s School of Economics and Management and, from 1992 to 2001, at Columbia University’s Graduate School of Business.
Pettis has worked on Wall Street in trading, capital markets, and corporate finance since 1987, when he joined the Sovereign Debt trading team at Manufacturers Hanover (now JP Morgan). Most recently, from 1996 to 2001, Pettis worked at Bear Stearns, where he was Managing Director-Principal heading the Latin American Capital Markets and the Liability Management groups.
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Michael Pettis is a professor at Peking University's Guanghua School of Management, where he specializes in Chinese financial markets. He has also taught, from 2002 to 2004, at Tsinghua University’s School of Economics and Management and, from 1992 to 2001, at Columbia University’s Graduate School of Business.
Pettis has worked on Wall Street in trading, capital markets, and corporate finance since 1987, when he joined the Sovereign Debt trading team at Manufacturers Hanover (now JP Morgan). Most recently, from 1996 to 2001, Pettis worked at Bear Stearns, where he was Managing Director-Principal heading the Latin American Capital Markets and the Liability Management groups.
Visit: China Financial Markets
Chinese Companies Need Stable Capital [View article]