Occupation: Economist Birth: November 10, 1942
Risk managers and investment bankers and actually, all kinds of investors took on more risk than they expected. So there was a failure of risk manage….
Well if you've got information about a company, or you believe that a company is undervalued, you can go out and buy their stock and you can make som….
I think the credit default swaps can take the place of the rating agencies who really have missed the ball in this procedure and are quite conflicted….
Allowing short selling is allowing people to sell - instead of having to buy the stock and then sell it, which doesn't do much; allow them to sell it….