Greenspan's Lament

Greenspan’s Lament Do you think Alan Greenspan ever saw “Casablanca”? ... that foolish bank lending and inflated asset values have damaged the financial system. Claude Rains said ... committee in his defense: “In recent decades, a vast risk management and pricing system has evolved [more...]

Date: 2008-10-23 19:42:33

Blog posts (2) | Videos (5)
 

“Swap” Inventor Blames Regulators for Financial Crisis

David Swensen, of Yale University Endowment investment management fame discusses the current state of the market and derivatives trading ... to the financial system should be regulated. “I don’t think it is the tool that is the problem,” he says ... value is derived from an underlying asset or income stream. As a part of this trend, musician David [more...]

Date: 2009-01-05 22:12:51

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