- © Richard S. Grossman and Unsettled Account, 2010-12. 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.
Pages
CV
Archives
Tags
Alan Greenspan bailouts bank capital Barry Eichengreen Basel accords Ben Bernanke Bill Clinton budget debt debt ceiling Dodd-Frank double liability Ed Lazear EU exchange rates Federal Reserve Financial Crisis Inquiry Commission financial deregulation financial lockdown George H. W. Bush George W. Bush Glass Steagall Glenn Hubbard Goldman Sachs gold standard Greece Ireland Japan Jimmy Carter John Taylor Michael Boskin monetary policy oil Paul Krugman Paul Volcker private banking. Great Depression quantitative easing ratings agencies regulation Ronald Reagan Seth Lipsky Sir John Vickers Subprime crisis UK Independent Commission on Banking Unsettled AccountMeta
Tag Archives: financial deregulation
Alan Greenspan is disappointed in Dodd-Frank
I am devastated. Writing in the Financial Times today, Alan Greenspan, argues that the Dodd-Frank Wall Street Reform and Consumer Protection Act will have–indeed is already having–unintended consequences. He cites five specific cases. 1) Making credit ratings agencies legally liable … Continue reading
On low probability-high cost events
Earthquakes, tsunamis, and nuclear accidents are low probability-high cost events. So are financial crises. There is nothing we can do to prevent earthquakes and tsunamis. Sure, with improving technology, we are sometimes able to get a bit of advance warning. … Continue reading
Historical perspective on the current crisis
Posted in Financial Crisis, Unsettled Account
Tagged bailouts, financial deregulation, financial lockdown, mergers, regulation, Unsettled Account
1 Comment
An economist at the movies
Although movies dealing with themes of economics and high finance are common, it is rare to see films with economists cast in starring roles. This past week I managed to see two. In Freakonomics: The Movie, the economist is portrayed … Continue reading
Posted in Financial Crisis, financial regulation, subprime crisis
Tagged Charles Ferguson, collateralized debt obligations, credit default swaps, financial deregulation, financial lockdown, Freakonomics, George W. Bush, Glass Steagall, Gramm-Leach-Bliley, Inside Job, Stephen Dubner, Steven Levitt
Leave a comment