This is 's TypePad Profile.
Join TypePad and start following 's activity
Recent Activity
I do get that, but regulation will always fail at something ... it isn't as if the industry did better, and many of those shareholders and bankers had every incentive to solve the problem.
And given the risks of global contagion, I'd consider some harmonization ... and ensuing failure to be worth it, but I take the point, MDF.
Commented Jun 3, 2009 on End of Crisis Regulation Links at Conglomerate
End of Crisis Regulation Links
The banks will, in fact, be permitted to get out of the TARP next week, the Times reports. The good governance question turns on how much they will have to pay to do it; Steve Davidoff prices one bank's underpayment via Black-Scholes here. Which raises the question: if the money is that cheap...
More...
Subscribe to ’s Recent Activity
