Margin of Safety
Latest Posts
Category: Banking
-
Ok, so this new study from the Federal Reserve Bank of Boston is from, um, the Federal Reserve, but the results are still compelling: Our study indicates that the capital depletion during the recent financial crisis at large U.S. financial institutions was extensive and often rapid. Specifically, of the 26 large institutions examined in this…
-
21stCenturyGlassSteagall I haven’t thoroughly reviewed the bill yet, so I am neither for or against it. But this item in the “purpose” section tickles me: (3) to eliminate conflicts of interest that arise from banks engaging in activities from which their profits are earned at the expense of their customers or clients. Profits are always…
-
Anat Admati explains her plan for fixing the global banking system. Related articles You give me a capital requirement, I’ll give you a derivative to skirt it. (mathbabe.org) Quick Take: Banks Need More Skin in the Game (thestreet.com) Why the Party Could Be Over for Investment Bankers (live.wsj.com)
Margin of Safety 