Following the complete and utter implosion of the Irish economy – Some 300,000 new dwellings now stand empty in the Irish Republic, a number whose equivalent in the United States would be approximately 21 million. Unemployment is now 13 percent in Ireland; it would be higher if 5 percent of the working-age population (principally the…
Interesting research post the GFC from Sanjai Bhagat and Brian Bouton (http://leeds-faculty.colorado.edu/bhagat/BankComp-Capital-Jan2011.pdf) This research uncovered the following little gem – “The key finding is that chief executives were “30 times more likely to be involved in a sell trade compared with an open-market buy trade” of their own bank’s stock and “the dollar value of…
Interesting research post the GFC from Sanjai Bhagat and Brian Bouton (http://leeds-faculty.colorado.edu/bhagat/BankComp-Capital-Jan2011.pdf) This research uncovered the following little gem – “The key finding is that chief executives were “30 times more likely to be involved in a sell trade compared with an open-market buy trade” of their own bank’s stock and “the dollar value of…
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