Hints and tips:
...Credit spreads, eh. Andrew Garthwaite et al at Credit Suisse has had a fiddle about with the model portfolio, resulting in insurers getting a push....
...Bank shareholders lost money as well, but the survey data from Brown et al found that shareholders did not increase their holdings of cash if they had avoided any haircut on deposits or bonds: The type...
...First, Brunnermeier et al use ESBies as a way to deny joint liability among sovereigns....
...Sensible sentences from Citi’s Buiter et al on China’s valuation shock (with our emphasis): This decision by the PBOC is a significant event, even if its implications and motivations are not yet fully clear...
...That makes China’s leaders v nervous and restricts policy options....
...Statistical studies (see for example Gadea et al) confirm that there has been no significant break in the behaviour of volatility in the five year period since 2008, compared to that experienced during GM...
...Greene herself steers clear of criticising Amazon but she angrily sums up the challenge from Whistl et al like this: “This is not the kind of competition that drives efficiency....
...But if the passage of time does not make the numbers add up any better, how does that help us better understand Spain, Portugal et al right now?...
...Some post-Cyprus thoughts from Citi’s Buiter et al… first on rolling capital controls and the chances of a new Cypriot pound being forced into existence (our emphasis): The lack of internal convertibility...
...To avoid any future erosion of euro-creditor-country political support for more cheque-writing to stressed sovereigns, the holdouts must be stopped, or so say Mr Buchheit et al....
...Now here he is on a blast from the past… It’s Allied Bank International v Banco Credito Agricola de Cartago et al....
...(Reuters) - Philip Stephens: A taxing problem for Google et al. (Financial Times) - Analysis: The challenges facing Anglo American’s new chief....
...On the flip side, one study (Chen et al., 2011) concluded that the inflationary consequences of QE1 and QE2 were less than 50bps....
...Nobody we have talked to has any actual idea if Jordan et al at the Swiss National Bank will kick the floor up (with SFr1.22 the likely spot if they do) and most don’t see them actually doing it ....
...In other words, your move Angela et al....
...French et al, The Squam Lake Report: Fixing the Financial System (SLR), Princeton University Press, 2010....
...Outside the EU, Russia, Turkey et al. are also vulnerable to “optimisation of risk-weighted assets,” to use the euphemism plastered all over eurozone banks’ Q3 results presentations....
...The aggregate Eurozone monetary base, however, is unaffected in this example (see Garber 1998, Sinn and Wollmershäuser 2011, and Buiter et al 2011)....
...According to Cassola et al. (2009), banks submitted more aggressive bids in order to make sure that they receive at least a minimum level of liquidity....
...Emerging market currencies seem to be taking the pain, as in a risk-off environment we see a flight to “save” havens, which seems to be USD, USTs, gold, et al. But let’s keep a sense of perspective....
...As argued in Buiter (2010) and Buiter et. al. (2011), the post World War II period has seen a combination of gradually eroding tax administration capacity, diminishing tax compliance in the private sector...
...Osborne praises the independence of the OBR – to laughter from the front bench – Chote et al have managed to overshadow today’s statement. 12.37 The OBR has reduced its assumptions about spare capacity...
...While I have little time for Cameron et al, I have to admit that Osborne has done a brilliant job of (just about) keeping the markets onside....
...However, none of that is as scary as the fate awaiting Fitch et al. in Europe, however: RTRS-BARNIER-EU WILL VOTE ON NEW LEGISLATION FOR CREDIT RATING AGENCIES ON JUNE 7, WILL TAKE EFFECT IN DECEMBER RTRS-BARNIER...
...This comes after calls for the ECB to develop its own sovereign rating agency to rival Moody’s et al. — and before the Bank upgrades its collateral ratings requirement to A- next year....
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