Bad Explanations for the Financial Crisis Won’t Die Sorry, but the simple explanations don’t hold up. The causes were many,...
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A Stylized History of Quantitative Finance Emanuel Derman The evolution of a quantitative approach to finance has...
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Lending to Poor People Didn’t Cause the Financial Crisis Look elsewhere for the sources of the meltdown. Bloomberg, June 22, 2016...
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Cruz Seeks Economic Wisdom in the Wrong Place The candidate turns to a man who helped set the stage for the financial crisis. Bloomberg,...
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Tom Keene discusses the function of CoCo bonds in light of concerns at Deutsche Bank with Mohamed El-Erian, chief economic advisor at...
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Killer slice of history from Bloomberg Business: click for utterly ginormous infographic Source: Bloomberg Business
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Terrific graphic from Bill Luby at VIX and More looking at the various potential drivers of volatility: click for monster chart...
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Last evening, we asked what are the costs and consequences, as well as the market reaction to, the imminent bailout of Fannie Mae (FNM)...
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“This bright new system, this practice in the United States, this practice in the United Kingdom and elsewhere, has broken...
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Roger Altman, former deputy secretary of the Treasury, thinks so: "Today, regulatory authority is divided among the Federal Reserve,...
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