Thoughts on policy, business, disclosure, and communications
UPDATE: CROP Walk web donations are closed but you can designate gifts (or make general donations) via the DonateNow or JustGive buttons on the RUMC home page. First, go to the Ramona United Methodist Church CROP Hunger Walk page. Donate a few dollars. A half dozen of the folks with whom I go to church [...]
Economic Contractions in the United States: A Failure of Government
This is a nice reminder of the power of an honest, transparent, humble, and well-reasoned understanding of liberty.
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
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 [...]
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 [...]
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 [...]