Monthly Archives: May 2007

Making of an AAAs

It’s not very tough. Moody’s did it recently when they discredited their near 100 year old rating research history by giving ridiculously positive ratings to some not so positive Icelandic banks. The research bust happened again and John Moody might have had strange reactions, if he was around. But then we witness it all the [...]
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The IRISH Potato

Now we might call it the MCX May Potato, but econohistory quotes the Potato’s Irish origin comprehensively. Due to blight, the great famine happened between 1845-49 destroying the primary source of food for many Irish. This is a classic case study of the linkage of a crop and an economy. According to some estimates, 500,000 [...]
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