Tag Archive for 'Financial economics'

Level the Playing Field: Business Securities and Investors vs. Mortgage Securities and Borrowers

It was nice last week to be included as a signer of a letter organized by Chris Whalento the Secretary of the Treasury, the Comptroller of the Currency, the Chairmen of the SEC, FDIC, Federal Reserve, and the Acting Director of the FHFA about improving the mortgage market. You can read the letter several places [...]

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A Thought on Capital Market Power, Risk, Small Caps, and Large Caps

A few days ago I tweeted a question about whether a theory that less expensive stock trading contributed to fewer IPO’s holds water. The theory is that cheaper trading results in less revenue to fund analyst coverage of companies hoping to go public in the $50 million – $100 million range. In the 90s, a [...]

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