A time of unqualified promises

April 2, 2013

By James Saft

(Reuters) – Just as Mario Draghi’s pledge to “do whatever it takes” to preserve the euro is being challenged, the very same unqualified promise, this time to simply stop prices falling, is about to be put into action in Japan.

“Cyprus euro” a boon to U.S. dollar: James Saft

March 27, 2013

By James Saft

(Reuters) – One clear winner from Cyprus’S imposition of capital controls is the U.S. dollar, which stands to benefit from public and private flows after another round of damage to the euro’s reserve currency status.

COLUMN: “Cyprus euro” a boon to US dollar: James Saft

March 27, 2013

March 27 (Reuters) – One clear winner from Cyprus’S
imposition of capital controls is the U.S. dollar, which stands
to benefit from public and private flows after another round of
damage to the euro’s reserve currency status.

Europe chokes moral hazard: James Saft

March 26, 2013

March 25 (Reuters) – Moral hazard may not be quite dead in
Europe but it has a bad, hacking cough.

Learning from Cyprus

March 22, 2013

By James Saft

(Reuters) – Even if you have zero exposure to the euro, the sad tale of Cyprus teaches investors about important old and new realities.

SAFT ON WEALTH: Learning from Cyprus

March 21, 2013

March 21 (Reuters) – Even if you have zero exposure to the
euro, the sad tale of Cyprus teaches investors about important
old and new realities.

UK unleashes the dogs of subprime: James Saft

March 20, 2013

March 20 (Reuters) – Cry ‘Bubble!’ and let slip the dogs of
subprime.

Cyprus gets on with it: James Saft

March 19, 2013

March 19 (Reuters) – Unfair and a bungle it may be, but the
plan to levy bank deposits in Cyprus does have its virtues.

SAFT ON WEALTH: The asset management shakeout

March 14, 2013

March 14 (Reuters) – The gusher of new money that has fed
the growth of the global asset management industry for a
generation has slowed to a trickle, making the next few years
make-or-break for many firms.

The 27-year-olds are taking us down (again): James Saft

March 13, 2013

March 13 (Reuters) – The 27-year-olds making the mistakes
change but the flaws in the incentives and risk models at the
heart of the global financial system remain basically unchanged.