Polifinance

Yin/Yang at the Federal Reserve

Jason Paez | Posted 05.25.2011

Read More: Geithner, Humphrey-Hawkins-Bill, Yin/Yang, Sherrod Brown, Monetary Policy, Incentives, Taylor Rule, Dueling Mandate, Transparency, Yves Smith, Cfpa, Federal Reserve, Bernanke, Lawrence Summers, Phillips-Curve, Dodd Financial Reform Bill, Accountability, Simon Johnson, Polifinance, Dual Mandate, The Financial Fix, Business News
Jason Paez

Consumers need a strong, independent agency that does not have inherent conflict within its core mission statement.

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Devil in the Details: Do Banks Really Need $221 Billion of New Capital?

Jason Paez | Posted 05.25.2011

Read More: Banking, Competition, Regulation, Compensation, Forecasting, Polifinance, Gigo, Financial Crisis, Business News
Jason Paez

JPMorgan's apparent threats to the non-banking segment of our economy sadly continue the unhealthy vitriol that makes Americans distrust our industry.

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Defusing "Financial Weapons of Mass Destruction"

Jason Paez | Posted 05.25.2011

Read More: Bear Stearns, Cftc, CDS Pressure, Cds, Polifinance, Lehman Brothers, Dual-Regime Oversight, Bank Runs, Leverage, Aig, Credit Derivatives, Gary Gensler, Great Recession, Financial Incentive, Naked Cds, Warren Buffett, Life Insurance, Tarp, Greece, Financial Weapons of Mass Destruction, Fwmd, Business News
Jason Paez

Buying a five year naked CDS is like buying life insurance on a stranger. It is not legal for individuals and should be treated similarly for companies.

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Where Elizabeth Warren Got It Wrong

Jason Paez | Posted 05.25.2011

Read More: Elizabeth Warren, Ninja Loans, Wall Street, Corporate Fiduciary Responsibility, Financial Reform, Ben Bernanke, Jamie Dimon, Capitalism, Option Arms, Representative Democracy, Polifinance, Business News
Jason Paez

The simple truth is that when American corporations pursue profit -- successfully or not -- as long as they stay within the law, they are functioning exactly as we designed them to.

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