Monthly Archives: November 2009

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Ari Kiev, a Psychiatrist, Dies at 75 The U.S. Economy’s $1 Trillion Question Are bank reserves special? see page 16 A Better Start To The Week S&P updates global bank risk-adjusted capital ratios but wide variations remain The ‘Greek Problem’ … Continue reading

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Bundesbank: Financial Stability Review 2009

Financial Stability Review 2009, German financial system stabilised – challenges remain (p.r.) Financial Stability Review 2009 (report) worth reading: The relationship between leverage and the repo market p. 36 // Continue reading

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A Note on Trader Sharpe Ratios

Paper by John M. Coates, and Lionel Page Abstract: Traders in the financial world are assessed by the amount of money they make and, increasingly, by the amount of money they make per unit of risk taken, a measure known … Continue reading

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Selfishness, finance, and the ‘greatest trade ever’ Do Alternative Measures of GDP Affect Its Interpretation? Goldman Sachs: the case for the defence A Closer Look at Rajaratnam’s Legal Defense Fed Said to Ask Stress-Tested Banks to Submit Plans on TARP … Continue reading

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Rowing and the Same-Sum Problem Have Their Moments

Paper by John D. Barrow Abstract: We consider the optimal positioning of an even number of crew members in a coxless racing boat in order to avoid the presence of a sideways wiggle as the boat is propelled forwards through … Continue reading

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Harvard Poker Pro Says Texas Hold ‘Em Can Teach Traders to Fold A yuan-sided argument Zhou Says China ‘Passive’ as Dollar Drop Pulls Yuan Invisible bond vigilantes Exit strategies: the international dimension by Lorenzo Bini Smaghi Unintended Consequences on Wall … Continue reading

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Ten Propositions about Liquidity Crises

A liquidity crisis is defined as a sudden and prolonged evaporation of both market and funding liquidity, with potentially serious consequences for the stability of the financial system and the real economy. Market liquidity is defined as the ability to … Continue reading

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Shut up, Lloyd Blankfein! Paulson on Bank of America: Stock Could ‘Almost Double’ Icap predicts surge in CDS and interest rate swaps The View from the Ivory Tower How the AIG bailout scuttles chances for a second stimulus Compassion Fatigue … Continue reading

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Trichet on the Euro as Reserve Currency

Q: Is the euro set to replace the dollar as a reserve currency? A: The euro was not created to compete with the US dollar or to replace the dollar as international reserve currency. It was created in order to … Continue reading

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With Dark Pool Regulation, Be Careful What You Wish For Banks sense danger, warn Congress on breakup power The uncomfortable position of UBS America’s Newest Land Baron: FDIC Linkages between Monetary and Regulatory Policy: Lessons from the Crisis Jean-Claude Trichet, … Continue reading

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