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  • Lehman goes bust, Merrill rescued

    The blog has never liked disaster movies, but it was quite a weekend for those who do. First, there was the hurricane hitting Houston and Texas. I used to live in Houston, and watching the pictures of the damage, could recognise familiar places washed away, or burnt down. The blog's sympathy goes...
    Posted to ICIS Blogs (Weblog) by Anonymous on 09-15-2008

  • The blog's first birthday

    Its now a year since the blog started. Since then, 213 postings have appeared. It is now read in 72 countries and 620 cities (shown above). Most encouragingly, readership continues to steadily increase. Since January, it has risen a further 301%. The blog's aim is to identify 'the influences...
    Posted to ICIS Blogs (Weblog) by Anonymous on 07-05-2008

  • Oil price volatility rises

    Volatility has been rising in the crude oil and feedstocks markets. Different players have completely different strategies. This makes it difficult for chemical companies to plan ahead in terms of their feedstock costs. In turn, this will adversely impact their margins. Last Monday, crude reached a new...
    Posted to ICIS Blogs (Weblog) by Anonymous on 03-24-2008

  • Northern Rock, Carlyle, now Bear Stearns

    We have now seen 3 financial disasters in a matter of days: • Northern Rock , the UK’s 5th largest mortgage lender, was nationalised last month, after failing to secure sufficient funds to continue lending. • Carlyle , one of the world’s largest private equity firms, saw their $16.6bn mortgage fund default...
    Posted to ICIS Blogs (Weblog) by Anonymous on 03-16-2008
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