Posts Tagged ‘Credit Crisis’

Book Review: Black Swan - The Impact Of The Highly Improbable

Book Review: Black Swan – The Impact Of The Highly Improbable

By The Banker | Book Reviews, How Not To Invest

The “Black Swan,” of Nicholas Nassim Taleb’s title, describes an event that occurs completely outside expectations, has an enormous impact on future developments, and can be explained only in hindsight as predictable. Further, Taleb argues that despite the fact that we are blind to their imminent arrival ahead of time, Black Swans drive the world [&hellip

Book Review: The Price of Inequality

Book Review: The Price of Inequality

By The Banker | Book Reviews, Inequality

I began with so much sympathy for the ideas in The Price of Inequality, by Nobel-Prize winning economist Joseph Stiglitz, so why did I grudge-read the book the whole way through? I concur about the causes and problems of persistent and rising inequality in the United States, and I suspect Stiglitz and I would vote [&hellip

In Praise of SIGTARP, Part I –Truth in Government

In Praise of SIGTARP, Part I –Truth in Government

By The Banker | Blog Posts

As a recovering banker, a main obsessive question of mine remains “How did we get into this mess?” By “mess,” I mean both the Credit Crunch itself and our collective response to it, at the government and personal levels. My obsession drives me to read reports by the Special Inspector General for the Troubled Asset [&hellip