Kofi Adusei Koduah-Sarpong's Page

One of the interesting pieces i have come across recently. Enjoy.

Dear Mr President,
It is almost unfair to criticize you given the extraordinary circumstances surrounding this country when you took the oath of office. Time was a precious commodity and you were forced to make urgent decisions. To be clear, I cannot think of anyone else I would rather have at the helm now than you. Choosing generals was job number one and, for the most part, you did a fantastic job.
However, we clearly find ours… Continue

Securitisation has a bad name these days, and that's Official; President Obama says it was a big part of the problem. And he's absolutely right; it was THE problem.

What happened was a bunch of shysters on Wall Street cooked up a load of dud securities and sold them all over the world, and then a bunch of morons wrote naked insurance on them and now they can't pay out on the claims.

Now no one wants to buy that stuff, good or bad, and it's impossible to tell the difference without opening up e… Continue

It's been a while since i bolgged. I'm glad something has caught my eye which is worth blogging about.

In the UK The Finance Act 2009, awaiting its coming of age glorification was outdoored by the loving Alistair Darling. To some, yes, it is a masterpiece in these sombre economic times. However, I believe myself and CFOs who are to be affected (thank god i am not in this category) say yes with a heavy pinch, no, tablespoon full of salt and cod liver oil.

Why do I say so? Well you think these b… Continue

An interesting piece from Mikael Krohn, EDB Business Partner

A look at the underlying issues of the recession and some of the far-reaching changes that need to happen within banks to bring lending back on track.

The collapse of the banking industry over the past 18 months has highlighted that fundamental changes need to take place. Given the widespread corporate culture in the past decade, where the prevailing atmosphere was one of fast growth and special fast-track treatment for what s… Continue

Forces Behind Exchange Rates
Aside from factors such as interest rates and inflation, the exchange rate is one of the most important determinants of a country's relative level of economic health. Exchange rates play a vital role in a country's level of trade, which is critical to most every free market economy in the world. For this reason, exchange rates are among the most watched, analyzed and governmentally manipulated economic measures. But exchange rates matter on a smaller scale as well: t… Continue