The holy curse of bankers
By Chemrock Shylock, the Jewish moneylender, demanded a pound of flesh from his debtor who could not repay a loan. With that, Shakespeare condemned a moniker on the Jewish community for posterity. Few are those who bother to contextualize what they read or hear. In ancient days when Jews were dispersed all over Europe, they … Continue reading
Bank stability in the Philippines
By JoeAm I was surprised at the shock wave that rolled through banking and economic news reports on the announced bankruptcy of Hanjin Heavy Industries and Construction Philippines. Hanjin is a Korean shipbuilding company that operates in the Subic shipyard. The bankruptcy left Philippine banks holding the bag for a reported $412 million in loans, and … Continue reading




