Posted on April 6th, 2008 by tom groenfeldt
US Treasury Secretary Hank Paulson’s proposals are catching a lot of flak from NY Times columnist and Princeton economist Paul Krugman Although he works in Princeton, nearly 200 miles from Washington, Krugman routinely beats the pants off the Washington press corps by reading legislation and budgets, paying attention when the Bush administration gives five [...]
Filed under: Credit Crunch, risk, Securities & Capital Markets | No Comments »
Posted on March 19th, 2008 by sherree decovny
Despite the gloom and doom, the beat goes on this side of the pond. Plans are in the works to start an electronic futures exchange, known as Four Seasons, to rival the Chicago Mercantile Exchange (CME). Among those said to be backing the platform are Bank of America, Barclays Bank, Citadel Investment, Citigroup, Credit Suisse, [...]
Filed under: Exchanges, Securities & Capital Markets | No Comments »
Posted on March 12th, 2008 by tom groenfeldt
When no active market exists, how do you value assets? Reuters is promoting a plan to develop industry consensus pricing for derivatives and complex securities – see my article in Securities Industry News 10 March. Philippe Carrel, EVP and global head of business development at Reuters, calls the service, announced on 28 January, an open [...]
Filed under: risk, Securities & Capital Markets, Suppliers, Technology | No Comments »
