UK’s FSA Gets It, Barclays Traders Did Not
It’s easy to pick on government regulators for not ‘getting it’ when it comes to finance, but I’m pleased to read the UK’s FSA report
It’s easy to pick on government regulators for not ‘getting it’ when it comes to finance, but I’m pleased to read the UK’s FSA report
What is LIBOR Rigging? LIBOR, which stands for London Interbank Offered Rate, is defined as the average benchmark interest rate at which the world’s 16
After discussing in Part I the Bizarro World of government debt and the Part II Weapons of Mass Financial Destruction, in Part III we check
In Part I, I discussed an internal Clinton-era memo in which US Treasury department officials considered the consequences of paying off our national debt, by
There’s comedy, there’s high comedy, and then there’s Wall Street Journal Op-Eds. Phil Purcell writes this morning about the opportunity to cure “Too Big To
Back in College, in social science classes, we learned never to rely on cultural explanations. Professors excised culturally deterministic phrases from our analysis: “The Spanish
I founded Bankers Anonymous because, as a recovering banker, I believe that the gap between the financial world as I know it and the public discourse about finance is more than just a problem for a family trying to balance their checkbook, or politicians trying to score points over next year’s budget – it is a weakness of our civil society. For reals. It’s also really fun for me.
We’ll let you know when we have new posts!