David Goldman, Bank of America and Don Luskin, Trend Macro, discuss how many years it will take to recover from the credit bubbleAirtime: Tues. Aug. 31 2010 | 10 01 00 ET Keywords: Credit Bubble, Recovery, Lost… more »
The Future of Finance: The LSE Report "This book presents a novel approach to the reform of the world’s financial system, starting with the basic question, what is a financial system for? It shows that the existing system has become far more complica… more »
click for larger imageHedge Fund Leverage, Andrew Angy, Columbia University and NBER, Sergiy Gorovyyz, Columbia University, Gregory B. van Inwegenx, Ivy Asset Managementpaper, July 5, 2010Abstract:"We investigate the leverage of hedge fun… more »
Source: MSCI Barra (click for larger image)In its January 2010 Bulletin MSCI Barra showed the the results of some of its researchers which analyzed components of long run returns of international equity markets using historical data spanning the 1975… more »
Eurointelligence: The rating agencies are no longer rating, July 23, 2010
"The three dominant credit-ratings providers in the US have requested their clients not to use their credit ratings, reports the Wall Street Journal. This is the direct conseque… more »
Spiegel Online International: Berlin Supports Transparency; German Flip-Flops on European Bank Stress Tests, June 17, 2010
The German Finance Ministry confirmed on Thursday that Berlin is in favor of revealing the results of stress tests performed on… more »
Project Syndicate: Rating the Raters, by Lucian Bebchuck (Harvard), May 2010
In the new financial order being put in place by regulators around the world, reform of credit rating agencies should be a key element. Credit rating agencies, which play an… more »
Here is a Spiegel article about the role of the rating agencies in the European crisis. The article looks a bit biased to me:Spiegel Online International: First Subprime, Now Europe; Revenge of the Rating Agencies, April 29, 2010It does neither n… more »
Questions and Answers about the Financial Crisis, prepared for the U.S. Financial Crisis Inquiry Commission, by Gary Gorton, Yale and NBER, Feb. 20, 2010This is a good and readable explanation of the financial crisis by Yale's Gary Norton. The abstra… more »