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Our thoughts on news that matters.

Babble < > Babel

The words Babble and Babel apparently are not related etymologically. Goldman’s new effort to create a type of federated chat to challenge Bloomberg messaging is code-named Babble. In the story of Babel, the builders of a great tower were scattered into confusion by God for their hubris. They were given different languages, and communication then […]

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We Just Kinda Cared More Than Those Other Companies

Why did a start-up create a global platform like Facebook? Why not some legacy global operator like Google or Microsoft? In a fascinating discussion, Mark Zuckerberg answers that question (at the ~10:00 mark), and several of his points apply to DealVector’s experience.   He says: We just assumed that …. someone would build it … A […]

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BOOM!! … BOOM … Boom … boom …

In absolute terms it is surprising how loud the echos of the 2008 crisis remain both in structured credit (where we really hear about it at DealVector) and elsewhere.  There was a loud boom, and it keeps bouncing around the economic canyon walls. For example, the $250+ billion litigations that were filed just last month […]

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We have over $2 trillion of deals loaded on the platform already. And the industry has noticed.