Before the GFC There was LTCM . . .
We Forget That the Financial Crisis Had a Trial Run The collapse of hedge fund Long-Term Capital Management had the same ingredients:...
BBRG: We Forget That the Financial Crisis Had a Trial Run
We Forget That the Financial Crisis Had a Trial Run The collapse of hedge fund Long-Term Capital Management had the same ingredients:...
Terminated: Volatility Products Blow Up
5 Rules to Help Avoid Investing Disaster It’s actually not that hard. Bloomberg, February 8, 2018. A basic rule of...
Reminder: Dick Fuld Was a Terrible CEO
Don’t Forget Dick Fuld’s Record at Lehman The former head of the failed Wall Street firm is working on a comeback. Bloomberg,...
To Find the Cause of the Crisis, Answer These Questions!
Bad Explanations for the Financial Crisis Won’t Die Sorry, but the simple explanations don’t hold up. The causes were many,...
A Stylized History of Quantitative Finance
A Stylized History of Quantitative Finance Emanuel Derman The evolution of a quantitative approach to finance has...
No, the CRA Did Not Cause the Financial Crisis
Lending to Poor People Didn’t Cause the Financial Crisis Look elsewhere for the sources of the meltdown. Bloomberg, June 22, 2016...
Ted Cruz’ Least Qualified Economic Advisor
Cruz Seeks Economic Wisdom in the Wrong Place The candidate turns to a man who helped set the stage for the financial crisis. Bloomberg,...
CoCo Primer: What They Are and How They Work
Tom Keene discusses the function of CoCo bonds in light of concerns at Deutsche Bank with Mohamed El-Erian, chief economic advisor at...
A Brief History of Financial Engineering
Killer slice of history from Bloomberg Business: click for utterly ginormous infographic Source: Bloomberg Business