Defending and Fixing Wall Street, Part II Credit Default Swaps
In the first article of this series I discussed how to reform the mortgage underwriting market. This article will focus on credit default swaps, or CDS'.
In the first article of this series I discussed how to reform the mortgage underwriting market. This article will focus on credit default swaps, or CDS'.
Dan Solin | Posted 01.23.2009 | Business
Appointing Schapiro as Securities and Exchange Commission Chief will do nothing to reinvigorate an agency that has been a toothless tiger and a puppet of the industry it's supposed to regulate.
Larry Gellman | Posted 01.23.2009 | Business
44% of Americans say they have changed their religion at least once. A generation ago, we were born Jewish or Christian and we stayed that way whether we liked it or not.
Jim Randel | Posted 01.22.2009 | Business
No matter how much money we spend on new government regulators, these police types can never catch all the bad guys. The responsibility is ours
Jill Keto | Posted 01.21.2009 | Style
Check back weekly for my "In and Out" chart following the most fabulous, ridiculous, and relevant events in the economy. ...
Francine Hardaway | Posted 01.19.2009 | Business
It all started on June 2, when my friend Scott Coles in Phoenix committed suicide, and his business unraveled upon his death like a roll of toilet paper being spread around my house.
Jill Keto | Posted 01.15.2009 | Business
Check back weekly for my "In and Out" chart following the most fabulous, ridiculous, and relevant events in the economy. ...
Dan Solin | Posted 01.13.2009 | Business
The difference between criminal conduct and business as usual in the securities industry is a fine line. Madoff clearly did not have the expertise he claimed. At some point, he stopped trying.
New York Times | RON LIEBER and TARA SIEGEL BERNARD | Posted 01.13.2009 | Business
When wealthy investors are willing to hand over a sizable sum to a single money manager they heard about at the country club, certain first principles...
James Love | Posted 01.13.2009 | Business
The lawyers and consultants that enable the fleecing of the public have vast incentives. We need to think more about the reasons why markets for honesty and consumer protection work so poorly.
Larry Gellman | Posted 01.11.2009 | Business
Call me stupid, but I think we are at one of those moments in time where excitement ( aka fear) is causing investors to overlook great opportunities.
Grist | Joseph Romm | Posted 01.10.2009 | Green
One of the world's largest financial institutions said this week it will phase out lending money to coal operators that use mountaintop removal mining...
Dan Solin | Posted 01.09.2009 | Business
If your employer stops contributing to your 401(k) plan, you should think very carefully about whether you should continue to participate. You have options.
Jim Randel | Posted 01.03.2009 | Business
Four years ago when I was writing snail mail newsletters, I wrote one about residential real estate agents. I opined that there were far too many age...
Dan Solin | Posted 01.02.2009 | Business
Risk, like beauty, is in the eye of the beholder. A "risk free" portfolio can be the riskiest investment you will ever make.
Dan Solin | Posted 12.26.2008 | Business
Don't get me wrong. I'm not saying investors are stupid. I'm saying they follow the advice of people who pay no attention to the data. As a consequence, they engage in "stupid investor tricks."
Dan Solin | Posted 12.19.2008 | Business
I get asked a lot of investing questions. I am conflicted in answering them. I want to be helpful but I also want to be tactful. Here are some of the most common questions I am asked and the answers I wish I could give.
Jim Randel | Posted 12.18.2008 | Business
One good thing (perhaps the only good thing) coming out of the current financial meltdown is that I no longer have to listen to the self-serving hy...
Harry Moroz | Posted 12.14.2008 | Business
This morning, Senator Chris Dodd warned that Congress might take a step that would send shivers down the spines of every CEO: federal caps on executive pay.
Dan Solin | Posted 12.12.2008 | Business
Advisors who want to be honest will tell their clients they have no idea when the markets will "reach the ultimate bottom." All we can realistically do is place the current markets in historical perspective.
Jim Randel | Posted 12.08.2008 | Business
Bad Idea. Unless you absolutely MUST sell your home now, don't even put it on the market. Here are my reasons: 1. Buyers are all looking for a st...
Henry Blodget | Posted 12.07.2008 | Business
Over the six years Capital Compensation Partners was in business, the firm made $261 million, and the firm's clients lost $203 million. All the risk was borne by the clients, who got obliterated in the end.
Huffington Post | Posted 12.06.2008 | Business
Bloggingstocks has culled together two lists of companies to watch -- and invest in -- depending on whether John Mccain or Barack Obama was elected t...
Dan Solin | Posted 12.05.2008 | Business
In times of extreme market volatility, investors are tempted to rely financial pundits. It is important to realize that their advice is flawed and conflicted.
Alan Schram | Posted 12.04.2008 | Business
We are seeing some of the best stock valuations in the last century. Once fear of illiquidity dissipates, the stock market will get back to normal levels.
Hale "Bonddad" Stewart | Posted 01.27.2009 | Business