Here is the first annual report of the Office of Financial Research. Among other things, the report details what the OFR don’t know and would like to. Interesting reading for those interested i… more →
Everything Financewrote 10 months ago: Here is the first annual report of the Office of Financial Research. Among other things, the report … more →
wrote 3 years ago: Robert Litan has written a forceful, balanced, and brave discussion of financial reform. Here is an … more →
wrote 3 years ago: The story today about Lehman’s accounting manipulations can only be described as shocking. The … more →
wrote 3 years ago: An impish grin spreads across [Goldman CEO Lloyd] Blankfein’s face. Call him a fat cat who mocks the … more →
wrote 3 years ago: Last week I had the opportunity to opine on this question at a lively conference on the financial cr … more →
wrote 3 years ago: ” ‘Sheila Bair would take bamboo shoots under her nails before going to Tim Geithner and … more →
wrote 3 years ago: Here’s a wonderful idea for a financial product: raise trillions of dollars from investors, in … more →
wrote 3 years ago: As nightmarish memories of September 2008 fade, the financial industry is gearing up to fight new re … more →
wrote 4 years ago: In the last few months, the federal government has intervened in financial markets to an extent unpa … more →
wrote 4 years ago: “Now, this is not the end. It is not even the beginning of the end. But it is, perhaps, the end of t … more →
wrote 4 years ago: While sophisticated bankers and their wealthiest clients continue to take a pass on investments with … more →
wrote 4 years ago: The problem with commenting on the financial rescue plan is that Fed Chairman Ben Bernanke and Treas … more →
wrote 4 years ago: The root cause of the liquidity freeze on Wall Street is clear: Financial institutions, for various … more →
wrote 4 years ago: We seem to have entered a new phase of the credit crisis. We spent a number of months learning just … more →
wrote 4 years ago: In a blog entry almost six months ago, I suggested that prices for credit default swaps (CDS) would … more →
wrote 4 years ago: “In an abusive naked short transaction, the seller doesn’t actually borrow the stock, and fails to d … more →
wrote 4 years ago: As the debate continues over the wisdom or lack thereof of Congress having given Treasury Secretary … more →
wrote 4 years ago: It’s official. After the administration’s protestations to the contrary last week – read my lips, n … more →
wrote 5 years ago: “We’re structure experts, we’re not underlying-asset experts.” —Moody’s employee How exactly did the … more →