What does it mean, when a bank takes a 21% haircut on its Greek debt? With the release of Deutsche Bank’s (DB) results yesterday we have an interesting case in point: the bank took an impairment ...

Most people don’t remember math class, but they do remember Pythagoras. Greek philosopher and mathematician, he is credited with one of the handiest formulae any school student could know: A squared ...

If you’ve ever heard the phrase “the music of the spheres,” your first thought probably wasn’t about mathematics. But in its historical origin, the music of the spheres actually was all about math. In ...

Here is a simple summary of the Greek bailout math explained with just 2 numbers. First, the country has to do the impossible. As Citi's Jurgen Michels summarizes: "Once the whole new cabinet is ...

The ancient Greeks were incredibly talented mathematicians—but they rarely used numbers in their math. Their particular specialty, geometry, dances around actual quantities, focusing on higher-level ...

Greece has something like €315 billion of public debt. Forget about that. Instead focus on liabilities as presented in Revised Greek Default Scenario: Liabilities Shifted to German and French ...