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Sarkozy lines up somemiddle-rank supporters for a financial transactions tax; and how an FTT can improve financial markets.
Archive for the ‘Financial crises’ Category
November 7th, 2011
November 7th, 2011
Category: Financial crises
OK, not really, even though it would help. I just wanted to go on record as the guy who came up with that headline before someone else prints it after the blessed event finally happens.
October 12th, 2011
They just lend to each other.
September 25th, 2011
Category: Financial crises
Huge rogue gains are statistically possible, but they’re not incentive-compatible.
September 15th, 2011
Category: Commerce and its discontents, Financial crises
One of the most annoying things about the troglodyte right is its celebration of “Tax Freedom Day” where supposedly you are no longer working for the government. As soon as they start saying that they don’t want to benefit from Social Security, Medicare, national security, food safety, environmental protection, education etc. etc. then we can [...]
September 12th, 2011
Category: Britain, Financial crises
The Vickers report on banking reform in the UK: ring-fence retail banking.
August 31st, 2011
If Mark has his way, Rick Perry’s assertions that Social Security is a Ponzi scheme will not get thrown down the memory hole. Unfortunately, our last Ponzi scheme is already hurtling downward. If you think about it, a large part of American (and global) prosperity rests on a real Ponzi scheme: the financial system. I’m actually [...]
August 24th, 2011
Category: Financial crises, Uncategorized
Why to be suspicious of CDS prices as indicators of sovereign bond risk.
June 11th, 2011
NAACP and the National Council of La Raza find themselves allied with financial industry figures in opposing new mortgage rules. Count me among the skeptics.