With a new Administration in the wings, and the financial crisis, if not resolved, somehow moving into a state where we can think about something besides today's Dow Jones, thought leaders are starting to emerge with suggestions on lessons learned and what to fix. Some of the most interestin ... Read more
Financial services, as a sector, has been clobbered. Bankruptcy, forced takeover, government support -- no news here, the situation is dire. Basically, if a firm is associated with subprime or CDS or, now, consumer credit, the news is horrible. I'm not telling you anything you do ... Read more
From Dow Jones: Financial-Crisis Panel Set To Grill Wall Street Executives Wednesday's hearing marks the first of two days of testimony before the financial-crisis commission. ... Top executives from Goldman Sachs Group Inc. (GS), Morgan Stanley (MS), Bank of America Corp. (BAC) and JPMorgan Chase ( ... Read more
Finally a finance article that students will care about! Clusterstocks's Business Insider posts on the price of beer in various countries as tied to market power of the top beer producers. Morgan Stanley: Blame Market Consolidation For The Soaring Cost Of Beer: "Morgan Stanley shows pretty convincin ... Read more
The news that the former risk manager for Bear Stearns, Michael Alix, is now working for the New York Federal Reserve in a senior risk-management role has inspired some negative commentary. An Associated Press story carried this quote: ''That's incredible,'' said James Cox, whom the ... Read more