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
The Year in VIX and Volatility
Terrific graphic from Bill Luby at VIX and More looking at the various potential drivers of volatility: click for monster chart...
Roundup: Fannie & Freddie Bailout
Last evening, we asked what are the costs and consequences, as well as the market reaction to, the imminent bailout of Fannie Mae (FNM)...
Paul Volcker: Finance System is ‘Broken’
“This bright new system, this practice in the United States, this practice in the United Kingdom and elsewhere, has broken...
Can the Fed Save the (Financial) World?
Roger Altman, former deputy secretary of the Treasury, thinks so: "Today, regulatory authority is divided among the Federal Reserve,...
Gone Forecasting: Fishing for Economic Answers
CNBC’s Steve Liesman on "Unique insights on the credit crisis and the future of the banking system from a stream in...
Money Markets Show Credit Crunch is Worsening
This morning’s must read journalism is a Bloomberg piece on credit availability as projected/forecast by money markets and interest...
Saving the Financials
Today’s guest post comes to us via Macro Man — a portfolio manager at a London-based hedge fund, he trades global currencies,...
Foreign Exposure to U.S. Asset-Backed Securities
> If this is the sort of stuff that floats your boat, then you need to read this full paper; the rest of you should just go about your...