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....
...Because, and as correctly diagnosed by Brooksly Born et al. ahead of time, far from behaving irrationally, finance was behaving hyper-rationally given the incentives that regulators and governments provided...
...— Recent research by Gorton et . al about the form and role of banks as maturity transformers and creators of “private money” is very relevant to this discussion....
...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...
...As a former investment banker, Augar tells the story of the disaster in the financial markets. What really happened at Northern Rock, Royal Bank of Scotland et al? This gives you a clearer idea....
...He has been outspoken in his criticism of the role the financial services industry may have played in the large numbers of foreclosures in his state....
International Edition