Commentaries

Counterparties

October 16, 2009

Why it pays to apologize. – BusinessWeek

Give Goldman Sachs credit for its adherence to rigorous, market-value accounting. — David Reilly.

Counterparties

October 15, 2009

Bruce Wasserstein, 1947-2009. — DealBook.

Wall Street firms are surprisingly tone deaf when it comes to bonuses. — Economist.com

Counterparties

October 14, 2009

A mighty fortress: JPMorgan Chase wows. — Reuters.

“Unfortunately, it’s screw the shareholders!” a Bank of America director says in a January email. Investigators begin to leak as they shine a light into the murk of the Merrill deal. — Louise Story and Eric Dash.

Counterparties

October 13, 2009

Regulators are looking at “naked” access to high-frequency trading. — Wall Street Journal (And see Matthew Goldstein’s take on the retail victims of HF trading.)

Counterparties

October 12, 2009

Why we are still delusional about house prices. — Henry Blodget.

The Nobel winners in economics. Was Christopher Swann right? – Nobel Foundation, Justin Fox.

Counterparties

October 9, 2009

Changes in hedge fund land: James Simons is retiring from Renaissance Technologies. — Reuters while Zoe Cruz is looking to start a hedge fund. — Wall Street Journal.

Counterparties

October 8, 2009

Any new legislation on derivatives needs to treat them like any other financial instrument. — Barry Ritholtz.

Counterparties

October 7, 2009

Well, it turns out there is a secret plot against the dollar — except that it is being hatched in Washington, not in the Persian Gulf or elsewhere. And it could be a very good thing for the U.S. economy and Obama. — Simon Johnson.