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Google, SAP, and Salesforce.com Could Save Credit Markets and Journalism

Saturday’s Barron’s had a pithy review of Ken Aulettta’s Googled: The End of the World As We Know It.To sum it up, reviewer Mark Veverka says, “Google’s science exposes the inefficiency of traditional advertising and threatens to remove middlemen.”
In other words, as went record labels and travel agents,  so goes my first chosen profession, journalism. The inefficiency of

Asset-Backed Securities: Disclosure Regulation or Substantive Legislation?

In addition to improving asset-backed securities disclosure (using XBRL perhaps?), SEC Chairman Mary Schapiro called for substantive ABS regulation in a speech Tuesday to SIFMA, the parent organization of the American Securitization Forum (link to colorful Michael Lewis description):

ABS Regulation
In one final example, I believe there may be gaps that should be filled in the [...]