What is the point of innovative financial instruments ?
…local governments trying to hedge risk. They were a total flop with trading volume around zero. They are the exception that proves the rule. Given the stated purpose and justification…
…local governments trying to hedge risk. They were a total flop with trading volume around zero. They are the exception that proves the rule. Given the stated purpose and justification…
…disputes on regulating over-the-counter derivatives; curbing risky trading by banks; and the power of state authorities. There will need to be resolution on these topics before the Senate can approve…
…effect of today’s equity market gyrations is further distrust in the markets, particularly by retail buyers. I am told that various retail trading platforms were simply not operating during the…
…economy. This is not a joke. First assume that the CDS market is transparent with full disclosure and mandatory trading on exchanges. We learn a lot if an investment bank…
…been deploying for years and posting record new trading revenues— On the other side of humanity, more sobering numbers include a record 2.8 million properties in foreclosure for 2009, a…
…Greece. Stuck in the euro, its exchange rate with its main trading partners is fixed. Greece cannot devalue, so it needs more time to adjust than the three years it…
…inflating. This might suggest that the people who were buying in 2006 were more likely to be “trading up” than buying for the first time. There is anecdotal evidence to…
…– all those trillions being printed weren’t the creation of new money. They were merely replacing imaginary money created by the banks through derivative trading that nobody believed in any…
…stocks, it is not until LEH that BAC mirrors its competitors above. More like MS than GS, BAC’s recovery to less than one-half of its pre-recession trading price suggests that…
…to incomes while their trading partners were determined to sustain their own excess of output over incomes and export the difference? Answer: a depression. What would happen if deficit countries…