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OCC and Model Validation Part 1

Comptroller Dugan Underscores Bank Responsibility for Model Validation WASHINGTON Feb. 3, 2006 – Comptroller of the Currency John C. Dugan said today that responsibility for validating the models banks use…

Scab Labour: Where do we go from here?

…why we are a representative democracy rather than one governed by referendum after referendum. I also believe that as politicians we have a moral responsibility to tell the truth. ……

Why Is Brazil Ahead of the US…fuel

…natural gas, other than the odd city bus or garbage truck in random municipalities? The answer is a simple but unpleasant one. See, we in the US would label the…

Housing Update

…considered almost risk-free because if the borrowers default, Fannie or Freddie will pay off the loans (assuming Fannie and Freddie remain solvent). Non-conforming loans go into pools known as private-label

The mindless canard stating as unexplained fact that it would be worse to expand the federal government by a third in order to accommodate single-payer healthcare insurance than it is to have private, for-profit health insurance companies playing this role instead

…political debates, is a disagreement about how far to turn the knobs when adjusting policy; it does not seem to call for a separate ideological label. That said, Mr. Konczal…