- © Richard S. Grossman and Unsettled Account, 2010-13. Unauthorized use and/or duplication of this material without express and written permission from Richard S. Grossman is strictly prohibited. Excerpts and links may be used, provided that full and clear credit is given to Richard S. Grossman and Unsettled Account with appropriate and specific direction to the original content.
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Category Archives: Uncategorized
Most veterans speak highly of furloughs…
…except that the furloughs now in the news are of a different kind. In this case, federal employees will be put on unpaid leave of varying lengths because of the “sequester.” The long run-up to the sequester began during the … Continue reading
Not far enough
The International Organization of Securities Commissioners (IOSCO) published a report this week calling for the London interbank offered rate (Libor) and other such benchmark interest rates to be tied more closely to actual transactions. Sadly, the proposal does not go … Continue reading
Good news
I have been named a 2013 Fellow of the John Simon Guggenheim Memorial Foundation. During the tenure of the fellowship, I will conduct research on the evolution of banking regulation across countries and US states during the last 200 years. … Continue reading
Posted in Uncategorized
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Greece is downgrading itself
On December 19 Standard and Poor’s raised its rating of Greek sovereign debt by six notches, to B-minus from selective default. The government’s decision to prosecute a statistician indicates that the upgrade was premature. According to S&P, the ratings change … Continue reading
Posted in government budget, Uncategorized
Tagged Andreas Georgiou, Greece, Standard and Poor's
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Talking about the mortgage settlement and Basel Accords
…with Chuck Coppoloa on First Business TV.
Posted in Financial Crisis, financial regulation, Uncategorized
Tagged Chuck Coppoloa, First Business
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The Wheatley report on Libor
See my reaction to the Wheatley Report at Law360.com.
Consumers and the Future of Libor
Follow this link for an interview with Greg Field at NerdWallet.com.
Great minds think alike
Apparently, the Economist agrees with my emphasis on the rise of technocracy.
Posted in Uncategorized
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