Posted on August 6, 2008. Filed under: Uncategorized | Tags: Banking, Credit, Credit Crunch, Derivatives, Economy, Finance, Markets, Money, Options |
Finally people start talking seriously about credit market reform while losses around the world keep on growing every day. Here is the report by the Counterparty Risk Management Policy Group that the FT article (linked above) talks about, it’s called Containing Systemic Risk: The Road to Reform
Here is an illuminating exerpt
“The fact that financial excesses [...]
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Posted on August 5, 2008. Filed under: Uncategorized | Tags: Credit Crunch, Economy, Europe, Italia, Italy |
Un grazie ad Andrea CubaRasta (te lo meriti Alberto Sordi) per avermi illuminato circa il futuro dell’Italia
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Posted on August 5, 2008. Filed under: Uncategorized | Tags: Credit Crunch, Economics, Economy, Finance, Market, Monetarism, Politics |
Alan “easy credit” Greenspan, former chairman of the US Federal Reserve, came back with declarations on the financial times. Here are some of them, together with my reply.
“There may be numbers of banks and other financial institutions that, at the edge of defaulting, will end up being bailed out by governments.” Maybe the governments should [...]
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