The Mnuchin-Powell Affair Over the Fed’s “Special Purpose Vehicles” in Dollars & Effects
The Treasury and Fed set up junk-buying SPV programs The unwind is oddly controversial given that they never should have been created.
Read more...Category Archives: Guest Post
College Presidents Fail to Mobilize to Protect Students from Covid-19
A missed opportunity in the universities
Read more...Links 11/22/2020
Regulating Fintech in Europe: Lessons from the Collapse of Wirecard
Since Fintech companies can be very complex, their oversight requires understanding their business model and combining regulation and supervision based on both entities and activities.
Read more...The Impact of the New Asian Trade Mega-Deal on the European Union
Even though the econnomic impact ot the new Asian trade pact seems limited, Europeans see it as a geopolitical Big Deal.
Read more...Insurance Companies Flag “Driver Disengagement” as Factor in Robot Car Safety
The irony of automation….
Read more...You and I May Never Summit Everest But Microplastics Already Have
Microsplastics have been found on the summit of Mount Everest; Seems no place, even earth’s most remote locations, is witout this scourge.
Read more...To Save the Economy, Save People First: Targeted Measures and Subsidies for Cost Effective COVID-19 Abatement
Evidence on what it would take to beat Covid: lockdowns, mask mandates with teeth, tons of testing and lots of economic support.
Read more...Investigation: How Pesticide Companies Are Marketing Themselves as a Solution to Climate Change
After decades of denial and delay by big agribusiness, the pesticides industry now appears to have become a climate champion.
Read more...Loneliness, Happiness, and Love in Times of Covid-19
The altered constraints on whom we spend time with imposed by the Covid-19 crisis might have affected human happiness.
Read more...2:00PM Water Cooler 11/19/2020
~ Today’s Water Cooler ~
Read more...‘The Real Looting in America Is the Walton Family’: GAO Report Details How Taxpayers Subsidize Cruel Low Wages of Corporate Giants
Taxpayer money subsidizes the looting of the Walton family. Why should one family reap billions while its workers can barely survive?
Read more...Links 11/19/2020
Wolf Richter: No Payment, No Problem: In Rosy World of Forbearance, Official Delinquencies Plunge, Credit Scores of Delinquent Borrowers Jump
Forbearance granted as a result of the panedemic is confusing credit scoring algos, so the scores of borrowers are all over the place.
Read more...2:00PM Water Cooler 11/18/2020
~ Today’s Water Cooler ~
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