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Category Archives: Malthus

G-7 meet on April 11, 2008 to forestall meltdown

Repair by replacement, a Sam Rayburn approach to solving the mortgage crisis

Disclaimer: The views expressed are solely those of the author and do not necessarily or remotely reflect the views of any institution by which I am employed, affiliated or associated.
A First Hundred Days approach to replacing the mortgage mess with something that might work as well as what we had over much of the past [...]

Saskia Sassen: A Bad Idea: Using a Financial Solution to the Financial Crisis

A little less leverage

12.11.38

Shades of the Milagro beanfield

The End of Wall Street’s Boom - National Business News - Portfolio.com

Not for a moment did I suspect that the financial 1980s would last two full decades longer

Gekko: How Reality Trumped My Sequel - The Daily Beast

Anyone want to see a movie about credit default swaps?

The Reckoning - Struggling to Keep Up as the Crisis Raced On - Series - NYTimes.com

Ten years from now no one is going to say that this crisis was brought about because Lehman Brothers went down.

Deal Journal - WSJ.com : Stewards of Capital Gather at NYSE. What Happens Next? Who Knows?

Any institution that manages over $5 billion should be regulated, whether it’s public or private, an insurance company, bank or private equity fund.

Documents Show AIG Knew Of Problems With Valuations - WSJ.com

in early September 2007, he learned that AIG’s financial-products unit had been asked for billions of dollars in collateral related to derivatives it had sold.”

Two ways to think about this. First way, go back to the bursting of the tech bubble. Remember margin calls? This works the same way, but more work than just getting [...]

Foreign Affairs - The Next President - Richard Holbrooke

History is not immutable. But there is one pattern that comes very close to being a law of history: in the long run, the rise and fall of great nations is driven primarily by their economic strength. Rome, imperial China, Venice, France, the Netherlands, Portugal, the United Kingdom — all had their day, and their [...]