IABFM Articles

A Futures Market with Chinese Characteristics (January 2009) | Markets
by Ted Naganawa

2008 was another exciting year for China’s futures industry.  Having grown 87 percent from the previous year, total volume on the three exchanges in Dalian, Shanghai, and Zhengzhou reached 1.36 billion contracts, which translated into more than 5.5 million contracts a trading day.  ...[ Read More ]

Warren Buffet Shareholder Meeting QA Summary (December 2008) | General
by N/A

I had the good fortune to attend the 2008 Berkshire Hathaway shareholders meeting at 

Omaha, Nebraska a few weeks back. 

 It was a wonderful experience listening to and learning from the Master Investor- Warren Buffett himself and all I can say is that he stands alone as the reigning deity of financial world's Mt Olympus! 

Tackling the Credit business in Iraq and Afghanistan (November 2008) | Markets
by Prof. Brett King

One of the obvious challenges in (re)building the banking and economic systems in Iraq and Afghanistan is the provision of loans, lines of credit and general opportunities for funding grass root activity for small businesses and consumers. Essential to the success of stimulating economic activity will be the commitment of banks, supported by the IMF and others, to small and medium size businesses that are the cornerstone of commerce in these socio-centric communities. ...[ Read More ]

Will Financial Managers be Innovators or Strangulators? (November 2008) | Financial Management
by Dr. E. Ted Prince

Is this title a possible description of what the past few years have brought and what will happen in the future? Financial managers need to make sure that they and regulators do not fall victim to the oldest trick in the book – excess in one direction followed by an equal and opposite excess, in the other. ...[ Read More ]

Terminated Employees in the Investment Banking and Financial Services Industries May Be Entitled to Recover Their Unpaid Bonuses (October 2008) | Financial Services Sector
by David S. Rich and Barry R. Lax

Under New York law, a terminated employee may pursue, among other claims, causes of action for breach of express and implied contract, quantum meruit, and violation of Article 6 of the New York Labor Law against his or her employer for failing to compensate the employee for bonuses owed to him or her, even where no agreement to pay bonuses is set forth in writing. ...[ Read More ]