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Author Archives: dselz
Villiger & Grübel: Go
With a risk management in place that deserves its name the 2 billion trading loss would not have occurred. It did. After a near collapse of the bank because these systems were crucially missing, the new leadership obviously did not do … Continue reading
Posted in Banks
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Right wing party responsible for EU adhesion
By undercutting the Swiss Central Bank the right wing party SVP actually expedites the Swiss adhesion to the EU. Read more in German.
Posted in Politics, PracticalEconomics
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Swiss banks are unconvincible
Swiss bankers apparently are unable to learn: For three years the Credit Suisse says it has a zero tolerance policy towards tax evasion, and yet the business took place on large scale. Why exactly did senior management not intervene earlier? … Continue reading
Posted in Banks
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Digital noise reduction
“Why Google+ rocks”. Aha. That assertion was brought to me multiple times on consecutive days. Here’s a recent screenshot of my Google+ stream: Same message, twice (additional duplicates omitted to save space). The early praise was all about Google changing … Continue reading
Short note – big impact
Swiss National Bank sets minimum exchange rate at CHF 1.20 per euro A short note and the long decline of the Swiss Franc came to a brisk close. Source: ZKB.ch We may guestimate the consequences.
Posted in Banks, PracticalEconomics
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Information Hyperinflation
The Economist recently published this chart. Source: Economist, 2011 That reminded me strongly about a chart depicting the hyperinflation in the Weimar Republic in the 20ties of the last century. Shortly before converting the currency it was in the million … Continue reading
Posted in Banks, PracticalEconomics
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Message to Greece: fix your mess
Sitting in the plane at ZRH airport delayed by an hour because of Greek air traffic controllers. Guys seriously, we love you, support you, do economic development for you – ie. come for holidays to you. We don’t expect the … Continue reading
Posted in PracticalEconomics
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Off to San Francisco – Memonic that is
We reached the top 4 of the AppQuest 2011 contest! This means that Memonic – together with our partner PARX – will fly to the Dreamforce Conference in San Francisco! There we will be able to present our Memonic Clipper for Salesforce in front of … Continue reading
Posted in Memonic
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Collusion in the Swiss Publishing Industry
Had lunch with one guy from one reputable Zurich newspaper publishing company and met a guy from another reputable Zurich newspaper publishing company. Both have intimate knowledge about their respective digital strategies. And both were complaining loudly that their companies … Continue reading
Posted in Internet, Organizations
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