The looming derivative crisis
byThe powerful forces of bank credit contraction are at the heart of a rapidly evolving financial crisis in global derivatives, whose gross value is…
derivatives
The Eurozone Sovereign Debt crisis and a potential OTC Interest Rate Derivatives crisis
byVishal Wilde is a finalist studying for a BSc (Hons) in Philosophy, Politics & Economics (Economics major) at the University of Warwick. He wishes…
Red alert: financial markets facing possible derivatives crisis (again!)
byThere is a significant risk that the financial effects of the collapse in the oil price could spread through the financial system. Already there…
The terrain of the banking debate today
byVia Parliament’s Order of Business for Monday 29 November 2010, we see the terrain of the the banking debate today. Michael Meacher’s motion comes first,…
Proof That the Banking System in its Present Format Cannot be Regulated
byConsider two points: Last Week Mervyn King said in a now famous speech in Manhattan that of all the banking systems it is possible…
More evidence of the incompetence of state accountants re derivatives
byVia The Telegraph: Meanwhile Angela Merkel, the German Chancellor, criticised investment banks for the role they may have played in helping Greece to mask…
On the Independent Institute
byOne of my favorite think tanks in the world is the Independent Institute www.independent.org. Their web site, scholarly journal and work is of the highest…
How To Destroy the British Banking System –- Regulatory Arbitrage via ‘Pig on Pork’ Derivatives.
byFinancial engineer Gordon Kerr explains how to destroy the British banking system through the use of derivatives which take advantage of the regulatory system,…
FT.com / Capital Markets – Lehman Brothers set for landmark appeal
byVia FT.com / Capital Markets – Lehman Brothers set for landmark appeal: Lawyers for the Lehman Brothers US estate will appeal against a decision…