…COMMON WITH THE FINANCIAL CRISIS!!!!!!! So, just for the record, I’m not posting this now out of “sour grapes.” Just so that we have a record of why the bailout…

…an economic value standard to measure the capital of financial institutions. This bill will require SEC to implement a rule to suspend the application of fair value accounting standards to…

…am ignorant on this topic. I am interested in understanding why financial innovation is profitable. I can think of two key reasons for new instruments. One is that they make…

…will do more damage to the financial system than the “moral hazard” that accompanies “saving” any given firm. The Fed “saved” Bear Stearns (a.k.a., The Old Firm, or BS for…

by rdan The Financial Times poses a few questions with this article: Accounting changes could force US banks to take thousands of billions of dollars back on to their balance…

…Now, by Avinash D. Persaud: Sir Alan Greenspan, and others have questioned why risk models, which are at the centre of financial supervision, failed to avoid or mitigate today’s financial…

…issue of the Fed expanding its own moral and financial hazard in the form of $30 billion in guarantees on Bear Stearns securities. Bear shareholders will essentially be wiped out…

…of Medicare and Social Security is not carried out as these two programs are the largest threats to the long-term financial health of the United States and to the government’s…