One of the policies that the Federal Reserve adopted at the end of last year was quantitative easing. This involves the central bank creating money to buy back government bonds. Since this is the second time that they have done this during the current crisis the policy has been nicknamed QE2 after the famous Cunard ship the Queen Elizabeth II. Last November the Fed announced... Continue Reading
Co-author of the finance textbook known to anyone who studies the subject, Principles of Corporate Finance, Co-Director of Wharton Financial Institutions Center, and Nippon Life Professor of Finance and Economics, Franklin Allen is simply a legend. His advisers at Oxford were the Nobel laureates, James Mirrlees and Joseph Stiglitz, and his blue-blooded intellectual pedigree is demonstrated by the volume and quality of his publications. A Google search will show press interviews, YouTube clips, and a copiously long bio. At Wharton, Franklin is renowned for the clarity of his lectures, the lucidity of his answers to the most complex of questions and, of course, his unmistakably English accent. As adviser, he acts as a guru to Fair Observer not only on issues concerning finance or economics, but also on future strategy and editorial policy. _________________________________________________________________________ Our advisors help us to stay true to our mission by suggesting key global issues for analysis, giving feedback and sharing their thoughts with us. They are involved in strategic advice and in formulating our vision but have no role in the day to day running of Fair Observer and hold no responsibilities. Therefore, our advisors hold no legal liability whatsoever for Fair Observer.