A timely and frightening exploration of the causes and consequences of the emerging foreclosure mess.
Tag Archives: regulation
oil slick = euro trick
Stopping the spread of financial contagion is deceptively similar to plugging a ruptured deep-sea oil well.
failure by design
Modern politicians, businesspeople and academics are once again questioning both the failures of free markets and the failures of government.
turning a new leaf?
Greenspan casts a surprising shot across the bow of modern banking giants who have grown a little too comfortable with their bailout blanket and artificially low interest rates.
the spanish prisoner
Zapatero is not a good driver. It’s like a boat, which in calm waters steers fine, but when it gets bumpy, they are not prepared.
volcker rules
Paul Volcker’s influence is finally starting to resonate where it counts: at both ends of Pennsylvania Avenue.
reflections on a year of crisis
A comprehensive if somewhat subjective view of the two years since the credit crisis...
ascending and descending
As speculative euphoria once again grips financial markets and investors emerge from their fallout...
macrofinancial stability
Armchair financial quarterbacks would do well to tune out the mass media every so...
syntax error
Contagion could be used to describe much of the activity in the capital markets...
strong arm of the lawmakers
Few economists now doubt that private household spending and corporate investment will rescue the...
black (scholes) hole
Scientists and market commentators have long been aware of the susceptibility of the markets...
size doesn’t matter
Assuming that our lot in life is simply a function of hard work, acquired...
princely finance
This brief history of regal extortion draws some parallels to today’s “sinister” Federal Reserve,...
oh canada
Currently the envy of Hank Paulson and virtually every Finance Minister around the globe,...
bailout
As finance ministers from around the world congregate in Washington D.C. this weekend, various...
four one nine
See below for yet another in a series of elaborate digital frauds. Somewhat surprising...
hot potato
As financial institutions continue to navel gaze in the aftermath of the credit crisis,...
green-mart
It isn’t everyday that mega-corporations act outside of their own financial interest. It simply...
question 3
An excerpt from the mid-term “problem set” in ENR-302… 3. The country of Xanadu...