…It means like your father’s financial services for example 30 year fixed rate mortgages or you borrow at exactly 20% no matter what credit cards. It was proposed that financial…

…think financial regulators are more likely to be rational and right than financial markets are. But clearly we can do better. Got any ideas? (My TPM Cafe comment is reproduced…

rdan Good News Economist suggests there is good news that many banks are still lending and were not caught in the crazy markets of sub-prime and CDOs. The story looks…

…“The Fed Didn’t Cause the Housing Bubble” denies that the “easy money” policies of the Federal Reserve produced the U.S. housing bubble “that is at the core of today’s financial…

…they could which in turn points to a survey sponsored by Sun Life Financial Results show that almost half (48%) would prefer to stop paying into the Social Security The…

Robert Waldmann Felix Salmon has a fascinating article on the Gaussian Copula. Obviously I had noticed that financial market participants had made some mistakes in the recent past, but I…

…notion that securities prices accurately reflect all known information. The third step is to recognise reflexivity – that is to say, the mispricing of financial instruments can affect the fundamentals…

…this post. The question, roughly, is which innovative financial instruments and trading strategies are socially useful. This is important, because people argue against draconian regulation on the grounds that it…

…authority and administration of the program. (ii) The impact of purchases made under the Act on the financial markets and financial institutions. (iii) The extent to which the information made…

…new financial instruments — say CDO’s can. Financial innovation is good for the credit rating agencies as they have more things to rate for a fee. Generous credit ratings for…