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19 Mar 2011, 11:40 am
One likely result, as public employees lose job security and the benefits that partly compensated for the higher workloads and graver responsibilities of their jobs, is that state governments will suffer and state agencies will be "captured" by the businesses they regulate. [read post]
18 Mar 2011, 6:58 pm
In a covered bond system, banks can borrow against the value of the underlying mortgages to obtain fresh capital to extend further loans. [read post]
18 Mar 2011, 10:04 am
I wonder what that job is like, managing a fund that no one reports on, asks about, or even knows where was spent. [read post]
18 Mar 2011, 8:20 am
No one will trade with a counterparty they fear is impaired. [read post]
17 Mar 2011, 1:10 pm
Especially ones with unpleasant side-effects? [read post]
17 Mar 2011, 4:26 am
The CFPB has a direct supervisory role with respect to non-bank financial companies that provide consumer financial products and services, and is ramping up supervision and enforcement efforts. [read post]
16 Mar 2011, 12:26 pm
Since the Volcker inflection which led to the Reagan boom, we've been awash--some would say aslosh--in capital. [read post]
16 Mar 2011, 8:01 am
While I cannot readily locate evidence confirming this view, it seems self-evident, given that New New Orleans is headquarters to no major banks, no major insurance companies, and only one Fortune 500 company: Entergy. [read post]
16 Mar 2011, 7:49 am
First, the other firms have large capital markets practices, and their investment bank and hedge fund clients would be unhappy with the proposed changes. [read post]
16 Mar 2011, 2:01 am
One advantage of such loans is that the interest rate will probably be low, but you must also consider that loans over $10,000 at below-market interest rates may trigger tax consequences. [read post]
15 Mar 2011, 9:31 am
Chairman Garrett asks if the CFTC will impose Basel capital requirements on non-bank swap dealers. [read post]
15 Mar 2011, 7:45 am
Here's one way to think about it. [read post]
14 Mar 2011, 8:45 am
To help you out, PLI continues to offer timely and topical One-Hour Audio Briefings discussing various aspects of Dodd-Frank. [read post]
14 Mar 2011, 8:21 am
Which one, you ask? [read post]
13 Mar 2011, 9:57 pm
Remember the collapse of the Ruble in 1998, and the bailout of Long-Term Capital Management? [read post]
13 Mar 2011, 7:35 pm
Background Barclays Capital was the financial advisor to Del Monte. [read post]
13 Mar 2011, 6:06 pm
Instead, the AB defined "public body" as one that is vested or entrusted with authority to perform a government function. [read post]
12 Mar 2011, 11:17 am
Also, the capital invested in hedge funds is subject to limited redemption rights, which helps ensure a stable equity base and helps prevent runs on the fund’s assets.The MFA also pointed out that hedge funds typically structure their borrowings to avoid a mismatch between their equity capital and investments on the one hand and their secured financing on the other. [read post]
12 Mar 2011, 8:09 am
The World Bank now ranks Syria as one of the most difficult places in the world to start a new business.If you are a despot, unleashing entrepreneurship can be bad for your job security. [read post]
12 Mar 2011, 2:38 am
Sit, Sulte, Simplex As I’ve been telling you for over a year, the banks did it, not the borrowers. [read post]