The Worden Report
Showing posts with label credit default swaps. Show all posts
Showing posts with label credit default swaps. Show all posts
Sunday, March 31, 2019

Undermining the Dodd-Frank Act: An Incessant Desire for Profit

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In the Dodd-Frank financial reform Act of 2010, financial firms in the U.S. are required to set aside higher reserves to cover losses on ...
Thursday, June 7, 2018

ICE Bought NYSE: Profiting from the Rules?

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“Tell me what the rules are, and I’ll make money with them.” This statement, made by Jeffrey Sprecher of Intercontinental Exchange, captu...
Sunday, March 10, 2013

The Fed Whitewashes Citibank: Systemic Risk Understated

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As reported by Reuters in March 2013, “The newest stress tests for U.S. banks produced scores that are at odds with other measures of len...
Tuesday, March 13, 2012

Justice as Fairness: Writing Down Greek Debt

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In 2012, 80% of Greece’s private creditors agreed to “voluntarily” convert their Greek debt into debt of a bit less than half the face-value...
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