Paperback On Sale February 12
Our Other Book
Search Results for: derivatives
What Did Robert Rubin Think About Derivatives?
By James Kwak First Bill Clinton said he got bad advice from Robert Rubin on derivatives. Then a Clinton adviser issued a statement essentially taking it back and blaming Alan Greenspan. (Jennifer Taub discussed some of the substantive issues on … Continue reading
Clinton Confesses: Rubin and Summers Gave Bad (strike that) Excellent Advice on Derivatives
The following guest post was contributed by Jennifer S. Taub, a Lecturer and Coordinator of the Business Law Program within the Isenberg School of Management at the University of Massachusetts, Amherst (SSRN page here). Previously, she was an Associate General Counsel … Continue reading
“The Derivatives Dealers’ Club”
By James Kwak Robert Litan of Brookings wrote a paper on the derivatives dealers’ club — the small group of large banks that control most of the market for certain types of derivatives, notably credit default swaps. It’s a blunt … Continue reading
How To Kill OTC Derivatives Reform in Two Sentences
The post below, which looks like it could be extremely important, is by Mike Konczal, author of the popular (for those in the know) Rortybomb blog, a previous guest blogger on this site, and now a fellow at the Roosevelt … Continue reading
Fun with Derivatives
Fresh off my vacation, I have jury duty tomorrow, but today I got a jump on my fun reading for the courthouse – Traders, Guns, & Money, the anecdote-packed overview of derivatives by Satyajit Das, a prolific consultant, author, and … Continue reading
President Obama’s Implied Future For Derivatives
If you’ve worked on economic policy formulation – or in any large bureaucracy – you know how to get your boss to make the decision you want. The key is to frame the options in such a way that he … Continue reading
A Growing Split Within Republicans On Too Big To Fail Banks
By Simon Johnson An interesting debate is developing within the Republican Party on how to approach the problem of too-big-to-fail financial institutions. On the one hand, a growing number of influential voices are pushing for measures that would limit the … Continue reading
Fed Governor Speaks Out For Stronger Rules
By Simon Johnson A powerful new voice for financial reform emerged this week – Sarah Bloom Raskin, a governor of the Federal Reserve System. In a speech on Tuesday, she laid out a clear and compelling vision for why the … Continue reading
Three More Governance Questions For The New York Fed
By Simon Johnson. This is a long post, about 2500 words. Over the last several weeks on this blog, I have expressed a broad set of concerns about governance arrangements at the Federal Reserve Bank of New York. I have … Continue reading
Jamie Dimon Should Resign From the Board Of The New York Fed
By Simon Johnson Jamie Dimon, CEO of JP Morgan Chase, is a member of the board of the New York Federal Reserve Bank. Mr. Dimon’s role there is sometimes presented as “advisory” but he sits on the Management and Budget … Continue reading
JP Morgan Debacle Reveals Fatal Flaw In Federal Reserve Thinking
By Simon Johnson Experienced Wall Street executives and traders concede, in private, that Bank of America is not well run and that Citigroup has long been a recipe for disaster. But they always insist that attempts to re-regulate Wall Street … Continue reading
Volcker Rule Would Cause Irreparable Damage To The Muppets – And Much More Broadly
By Simon Johnson, April 1st, 2012 A major new research report – released this weekend by the renowned international consulting firm, IMS – finds conclusively that implementation of the proposed Volcker Rule would damage not just the irreplaceable Muppets but … Continue reading
Derivatives Industry Report Collapses
By Simon Johnson The credibility of a major report commissioned by the “Derivative End Users Coalition” – run by big banks against implementing the Dodd-Frank reforms – just collapsed. As Andrew Ross Sorkin reports in the New York Times, the … Continue reading →
→ 54 Comments
Posted in Commentary
Tagged Derivatives End Users Coaltion