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I just heard Secretary Henry Paulson saying that it the US taxpayer could even make money on the $700 million bailout of financial institutions. I already wrote about this possibility in the Huffington Post. Ben Bernanke spoke right after Paulson and reiterated the same theory. The problem that the Chairman and [...]

I just left the Clinton Global Initiative. It was an inspiring session, Bill Gates and Bill Clinton, talking about how they have helped Africans over the years exchanging notes on AIDS, Malaria, economic development, clean water, poverty alleviation. Explaining how all the billions that US private organizations are sending to the continent are [...]

In this video I share my views on the current financial crisis.

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Europeans put Americans to shame when it gets to reducing carbon emissions. But Americans put Europeans to shame when it gets to reducing smoking rates. Why is it that America got so well organized against the deadly practice of smoking and has such a hard time reducing energy consumption and controlling [...]

I am a pilot. I fly private jets. I am not a great pilot and, since I had to fly alone to obtain my license, I lack sufficient confidence in my abilities to do so again. Specifically, I do not fly alone because too much of what goes on in aviation is [...]

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On September 11th in a post called My life as a Non Trader, I shared with my blog readers that I hadn´t bought stocks in many years but that I felt that the markets were not valuing assets correctly and that I had chosen to buy shares in Citigroup and Bank of America. [...]

What is creating the financial panic that is unfolding as I write, what is causing the shares of all financial institutions to collaps, is the simple fact that Wall Street does not know the extent of the damage to the quality of the mortgages that financial institutions own. As Morgan Stanley and Goldman Sachs [...]

Congratulations to the team at Dopplr, the service that lets you share your travel plans with your friends, for raising a new round of financing from a group of well known angel investors and individuals (I’m an early investor in the company). The new investors include Esther Dyson, Tyler Brûlé, Thomas Glocer, Yat Siu, Aditya [...]

As an entrepreneur, I mourn the end of the era of US investment banks.  I am sorry that these venerable institutions were first taken over and then blown up by their own traders.   Traders should have built their hedge funds and not gamble with the whole investment bank.  Entrepreneurs are now left with commercial [...]

In September of 2001 Islamic terrorists murdered 3000 innocent people and caused enormous damage to Wall Street, the heart of the American economy. Seven years later we are seeing great economic damage taking place again. It also happens in the area of the Wall Trade Center. But this time it is [...]