rortybomb.wordpress.com - 6/18/2009
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Since we’ve already run new stress tests out of this webpage, I’m going to go ahead and run the Consumer Protection Agency out of the Rortybomb Blog while President Obama and team continue to get the legislation worked out. (If I keep doing Elizabeth Warren’s homework for her, ...
researchreloaded.com - 6/18/2009
baselinescenario.com - 6/22/2009
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baselinescenario.com —
Our little Internet debate about reverse convertibles (my
contribution here ) prompted this post by Mike at
Rortybomb. To simplify a little, some commentators defended reverse convertibles by saying, “it’s basically the same as writing a put option” – or, looking at it ...
(more)
Efficient Markets and Innovation
news.yahoo.com - 6/13/2009
Comments
Blog Reactions
Thursday links: real people and capital
Abnormal Returns —
... their retail cousins? (All About Alpha)
Some contrary evidence against the “Congressional Effect” on the stock market. (CXO Advisory Group)
Is it time to evict Russia from BRIC? (greenfaucet)
In defense of reverse convertibles. (Atlantic Business, Research Reloaded also Felix Salmon, Rortybomb)
Hostile takeovers simply don’t ...
Unchangeable
The Aleph Blog —
... the return in a higher inflation currency, assuming that their central bank will tighten.
Do a currency carry trade.
Lever up.
Extend the length of your portfolio.
Underwrite catastrophe risk through cat bonds.
Adding yield is easy. The transparency of that addition of yield is another matter. Reverse convertibles have been the hot issue recently since this article. Here is a small sample of the articles that followed: (one, two, three). Reverse convertibles, and other instruments like ...
Efficient Markets and Innovation
The Baseline Scenario —
... ) prompted this post by Mike at Rortybomb. To simplify a little, some commentators defended reverse convertibles by saying, “it’s basically the same as writing a put option” – or, looking at it from the other side of the trade, “there are valid reasons to want insurance against a stock price falling.” To which Mike says, “just sell (or buy) the put option.” ...
Related Content
Credit Conditions In The Absence Of Consumer Protection
baselinescenario.com 8/10/2009 — Even some of our most sophisticated commentators doubt a link between consumer protection and any macroeconomic outcomes. Consumer protection, in this view, is microeconomics and quite different from macroeconomic issues (such as the speed and nature of our economic recovery).
Officially ...
Video: Obama pushes consumer protection
politicalnewslive.blogspot.com 10/10/2009 — In a speech promoting a Consumer Financial Protection Agency, the U.S. President accuses financial firms of maximizing profits at the expense of Americans.
The Consumer Financial Protection Agency Act Is Flawed
online.wsj.com 7/23/2009 — RICHARD A. POSNER Will the epitaph of the Obama administration be “too much, too soon, too costly”? Among worrisome signs is its proposed Consumer Financial Protection Agency Act of 2009. The agency would have regulatory authority over retail ...
Why Banks Should Support a Consumer Financial Protection Agency
economix.blogs.nytimes.com 7/23/2009 — In a food contamination scare, people buy less of that food until the government assures them that it understands the problem and the contamination will not happen again. The same goes for a scare over the dangers of financial products, an economist ...
Consumer Protection Elitists? Hardly
economistsview.typepad.com 7/14/2009 — Richard Green takes on Peter Wallison's arguments against establishing a Financial Product Safety Commission:
Peter Wallison calls Consumer Protection Elitist :
He writes :
Traditionally, consumer protection in the United
States has focused ...
Congress Gets Financial Protection Agency Plan
nytimes.com 6/30/2009 — WASHINGTON The Obama administration sent Congress a detailed proposal on Tuesday to create a consumer protection agency responsible for financial products, a move that is the first shot in a heated battle with banks and other financial institutions ...
Insolvency And Consumer Protection (House Testimony Today)
baselinescenario.com 5/19/2009 — Congressman Brad Miller has some interesting ideas about how to respond to the financial crisis; not exactly on the same page as Treasury. He’s called a hearing for this morning to talk about, in the first instance, how to assess insolvency in the banking system – and what to do ...
Consumer Protection When All Else Fails (Written Testimony)
baselinescenario.com 5/20/2009 — I took three points away from yesterday’s hearing in the House of Representatives.
We need layers of protection against financial excess. Think about the financial system as a nuclear power plant, in which you need independent, redundant back-up systems - so if one ...
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