Amazing how fast this has been moving. The Wall Street Journal has provided excellent coverage with in-depth reporting including the corporate politics that mostly occur well out of sight. (The Journal’s editorial page remains, as it has been historically, mostly a source of comic relief.)
Pity the poor weeklies – the news keeps coming over the [...]

Filed under: Credit Crunch, Technology, regulation, risk | Comments Off

Deutsche Bank’s CEO Josef Ackerman touched off a storm a few weeks ago as chair of the Institute of International Finance when a working paper there suggested revisions to mark-to-market because values in an illiquid market “results in valuations that do not provide a true picture of the financial positions of the firms.” Meanwhile the [...]

Filed under: Technology | Comments Off