Deutsche Bank whistleblower Eric Ben-Artzi makes a huge financial sacrifice to call out corruption in SEC enforcement.
Read more...Australia and other countries had the opportunity to reduce financial fragility. They may soon discover the cost of doing too little.
Read more...Yves here. Steve Waldman wrote a definitive post in 2009, Capital can’t be measured, on a core issue that Black discusses here. A key section: So, for large complex financials, capital cannot be measured precisely enough to distinguish conservatively solvent from insolvent banks, and capital positions are always optimistically padded. Given these facts, and I […]
Read more...A comparison of the Clinton and Sanders campaign platforms on student loans [sic].
Read more...Like the Bourbons, the Clintons appear to have learned nothing and forgotten nothing.
Read more...Why a proposal to “stay” derivatives termination in the event of bank bankruptcy is inconsequential and avoids bigger questions about the use of derivatives and failure to rein in risks in this market.
Read more...Decomposing the drivers and effects of commodity price swings.
Read more...SEC whistleblower Jim Kidney gives more detail about his experience on the shallow investigation of Goldman and the SEC’s failings generally,
Read more...Sanders’ financial transactions tax plan hasn’t gotten the hearing it deserves.
Read more...The practical and political consequences of no big banks getting a pass on their living wills.
Read more...A case study illustrating how soi-disant liberal economists pushed the US to the right during the Clinton Administration.
Read more...Krugman is increasingly discrediting himself as a commentator on economics.
Read more...Jamie Dimon likes to write grandiose letters to shareholders. This year’s version is no exception.
Read more...The Financial Crisis Inquiry Commission released a raft of documents from its 2010 investigation, including interviews with senior government officials like Alan Greenspan, Hank Paulson, and Sheila Bair, as well as other individuals deemed to be prominent like Warren Buffett and subprime short-seller Steve Eisman. It’s hard to see the justification for keeping information from […]
Read more...Some more reasons why Deutsche Bank looks like one to avoid
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