The Great Debate

from Breakingviews:

Don’t blame the messenger, Jefferies

November 3, 2014

By Rob Cox

The author is a Reuters Breakingviews columnist. The opinions expressed are his own. 

Two years after Lehman, risk of financial collapse is still high

By Mark Williams
September 15, 2010

GERMANY/

By Mark Williams
The opinions expressed are his own.

Events unfolding in Europe — including Greece, Portugal, Spain, Italy, and most recently Ireland — are alarming reminders that systemic risk is the most pressing of this decade.

Michael Lewis’ Big Short an unsettling experience

March 11, 2010

Henry Paulson didn’t see it coming. Nor did Timothy Geithner foresee the meltdown of the financial markets. According to Standard & Poor’s President Deven Sharma, testifying before Congress in the fall of 2008: “Virtually no one – be they homeowners, financial institutions, ratings agencies, regulators, or investors – anticipated what is occurring.”

Big banks aren’t bad banks

By Mark Williams
February 2, 2010

— Mark T. Williams, a former Federal Reserve Bank examiner who teaches finance at Boston University School of Management, is the author of the soon to be published “Uncontrolled Risk” about the fall of Lehman Brothers. The views expressed are his own. –

Obama disappoints on bank reform

January 22, 2010

— Peter Morici is a professor at the Smith School of Business, University of Maryland, and former Chief Economist at the U.S. International Trade Commission. The views expressed are his own. —

from The Great Debate UK:

2010: Another year, another crisis

December 21, 2009

copeland1- Laurence Copeland is a professor of finance at Cardiff University Business School and a co-author of “Verdict on the Crash” published by the Institute of Economic Affairs. The opinions expressed are his own. -

from Commentaries:

Securitization survives the fall

September 11, 2009

A year after the government's seizure of Fannie Mae, Freddie Mac and AIG , not to mention the bankruptcy of Lehman Brothers that sent the global financial system into a tailspin, very little has changed to prevent debt from being sliced and diced, again and again.

from Commentaries:

‘Living wills’ easier said than done

September 10, 2009

In the wake of the widespread chaos that accompanied the bankruptcy of Lehman Brothers last September, regulators have sought to find a better way to unwind global financial giants. One approach is that the banks themselves should prepare for their own orderly demise -- a kind of "living will".

from Commentaries:

Banking? Keep it simple stupid

September 10, 2009

In 1873, Walter Bagehot wrote that "the business of banking ought to be simple; if it is hard it is wrong." He would have struggled to recognize today's banking system.

Winning back the public’s trust

September 8, 2009

aron-cramer– Aron Cramer is president and CEO of BSR, a global business network and consultancy focused on sustainability. The opinions expressed are his own. –