Regulating towards depression
byEngineering the Financial Crisis by Jeffrey Friedman and Wladimir Kraus, University of Pennsylvania Press, 2011 There have been many books attempting to find and…
Regulatory Arbitrage
Bank debt-holder guarantees and risk regulations
byLegislators in Western countries are in the process of rewriting financial sector regulations. Most commentators encourage the politicians in this mission. Yet few politicians…
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,…