Category Archives: Risk and risk management

Muilenburg Forced Out of Boeing, But 737 Max No Closer to Flying. What Happens If It Stays Grounded?

Why the 737 Max mess is no closer to resolution

Boeing Halts 737 Max Production to Reduce Cash Burn; Suppliers Hit; Measurable Ding to GDP Expected

Boeing takes a 737 Max self-preservation measure, to the detriment of suppliers and even the overall US economy.

BBVA Compass Fails to Dispute, Much the Less Remedy, Retaliatory Swatting, Disclosure of Confidential Information, and Reckless Treatment of Elderly Customer

BBVA has not denied that an officer swatted an elderly woman on fabricated grounds as retaliation for documenting his reckless advice.

The Rich Under Stress as Asset Prices Wobble

Some of the rich are feeling the pinch. Is this a passing phenomenon or a sign of things to come?

FAA Pushes Back on Boeing Pressure to Recertify 737 Max by Year End; Agency Also Considering Major Revamp of Certification Process

Remarkably, the new FAA chief Steve Dickson is standing up to Boeing and planning widespread reforms at the agency.

Roiled Repo Markets: Looking for Answers in All the Wrong Places

If you are worried about repo, you are worried about the wrong thing. If anything, it’s a symptom of too much liquidity demand from the FX swaps market.

Why Did Isaac Newton Lose His Shirt in Financial Speculation? Author Alex Pollock Explains.

Trying to predict the financial future is a fool’s errand, even for a genius.

Wall Street Has Been Gambling With Student Loan Debt For Decades

As the student debt crisis continues to mount, major financial institutions are making record profits from student loan asset backed securities.

CalPERS Abandoning Passive Equity Investing

alPERS has made big changes to how it invests, yet the press has barely noticed.

Interest Rate Derivatives Trading Explodes to $6.5 Trillion/Day

Interest rate derivatives trading spikes over last 3 years; the UK currently dominates. Will this continue post-Brexit?

The Fed Has Not Covered Itself in Glory: Fed Funds Mess Edition

Why the Fed should be embarrassed.

The Two Sides of Government Guarantees for Banks

Not all guarantees are created equal, and what that means for banks.