Bank of America Corp., the largest underwriter of U.S. leveraged loans this year, combined most of its loan sales forces into one team and named Douglas Antonacci and Howard Sysler to jointly head the group. BusinessWeek.com — Finance
Bank of America Corp., which lost a financial adviser with $ 5.9 billion in client assets to a rival in December, told some workers to sign agreements forcing them to go on reduced-pay “garden leave” if they plan to resign. BusinessWeek.com — Finance
Pure Capital Ltd., the New Zealand hedge fund led by Anthony Limbrick, will move its base to London to be closer to clients as the legacy of Bernard Madoff’s ponzi scheme makes it tougher to convince investors to part with money. BusinessWeek.com — Finance
Financial Markets (ECON 252) Professor Shiller provides a description of the course, financial markets, including the administrative details and the issues discussed in each lecture. He discusses briefly the importance of studying finance and each key topic. Lecture topics include: behavioral finance, financial technology, financial instruments, commercial banking, investment banking, financial markets and institutions, real estate, regulation, monetary policy, and the democratization of finance. Complete training materials are in the Open Yale Courses Web site: open.yale.edu This course was taken in spring 2008.
Financial Markets (ECON 252) Behavioral Finance is a relatively new revolution in the financing of that information regarding the funding of all the social sciences. New Decision-making models include psychology and sociology, among other disciplines, the economic and financial phenomena, such as to explain erratic stock price variations. Psychological patterns such as self-esteem and perceived kinks in the value function seem to affect financial decision making, but are not included in the classical theories like the theory of expected utility. Kahneman and Tversky’s Prospect Theory addresses these questions and sheds light on irrational deviations from traditional decision-making models. Complete training materials are in the Open Yale Courses Web site: open.yale.edu This course was taken in spring 2008.