‘People Have More to Fear from Governmental Responses to Economic Crisis than from Crisis Itself’
November 8th, 2009 by Paul
Economic Contractions in the United States: A Failure of Government
Tag Archive for 'equity'
Could New SEC Disclosure Rule Revive Asset-Backed Securities Market?
October 21st, 2009 by Paul
Updated: Dec. 15, 2009
Update: The SEC published its one-year extension on Dec. 15, 2009.
Extension of Filing Accommodation for Static Pool
Original Post
The SEC on Monday quietly proposed a brief rule to give asset-backed securities issuers an extra year of status quo disclosure. The original rule was approved in December 2004. Monday’s 17-page double-spaced proposal would [...]
If this is Chris Whalen’s Draft, I Can’t Wait for His Final
October 20th, 2009 by Paul
Institutional Risk Analyst co-founder Chris Whalen writes in the new edition of his newsletter:
Until we break the Alliance of Convenience between the Congress, the Fed and the large, TBTF (too big to fail) banks and force our public officials to embrace core American values regarding transparency, insolvency and accountability, we will not in my view [...]
The Search for Killer Apps in the Knowledge Capital Economy and XBRL World
May 19th, 2009 by Paul
CHICAGO—Introducing myself to participants at the 16th National Conference on Managing Electronic Records Conference the past two days, I explained my recent work not as managing electronic records per se, but as helping to mandate their use – specifically the use of eXtensible Business Reporting Language by public companies, mutual funds, and credit rating agencies.
Most [...]
Debt, Equity, and Credit: Equity Scores a Home Victory
May 8th, 2009 by Paul
Judge Posner’s Wall Street Journal op-ed on Thursday got me thinking.
Equity spun out of control in the 1920s, crashed, severely damaged the economy, and was controlled not only by forcing equity to be more transparent, but also, strangely enough, by regulation to control banks.
Twenty years ago, I participated in a mini policy boomlet on [...]