…crisis but would have limited the financial sector’s profits—such as Brooksley Born’s now-famous attempts to regulate credit-default swaps at the Commodity Futures Trading Commission, in 1998—were ignored or swept aside….

…low trading volume that is the market freeze up). I will assume that the argument is true. That does not imply that the solution is the Geithner plan. The Geithner…

…Quantity Theory of money “veil of money.” The Quantity Theory “veil of money” has the trading exchanges in commodity markets be of goods for money and money for goods: therefore,…

…throat…. A bailout of A.I.G. is really a bailout of its trading partners — which essentially constitutes the entire Western banking system. [edits mine*] By the way, Joe, Yves, citing…

…of the money management firms they retain to make the actual investment and trading decisions. If nationalization destroys the common stock (and possibly preferred shares) of banks, the money managers…

…buy its shares without worrying about adverse selection. If the problem with the funny assets markets is low trading volume making the market price far below the average hold to…

…much broader than they would be if market manipulators were trading their own money and the conditions for sophisticated traders to buy into bubbles are weaker. Using his BA in…

…Bedford Falls ) somehow didn’t need billions in leveraged speculation, proprietary trading or derivative bets. There seems to be a lot of talk in AB and elsewhere about this thing…

rdan RGE Monitor notes this aspect of currency trading. (May require subscription for the full article) Dec 12: South Korea and Japan have agreed to increase an existing unconditional KRW-JPY…

…million) in operating profit. In trading Wednesday, the dollar fell as low as 88.15 yen. And is making some changes based on the results: Underlining the tough times ahead, Fukui…