Mexico City Time does seem to fly. Looking at the program book over dinner, it did not seem possible that a little over ten years ago in October of 1997, a few of us accepted the invitation of Peter Cervantes-Gautschi to come to San Miguel de Allende in the highlands north of Mexico City and …
Author: wade
Recession Lite
New York City Last night at the Citi Dialogues with a mix of bank executives and community based and development organizations, we listened to the chief economist for the bank give us his view of the world. He had just stepped off a plane from china but the discussion was focused on the states. …
Write Down Rent with Risk
New York Pinch me, I can’t believe it is happening! The Chairman of the Federal Reserve is everything but calling for write downs of the loan principle by the big banks and others to prevent foreclosures. Which is to say that in these broad hints, Bernanke is actually trying to open the door …