Yesterday was a sad day for American citizens. Benjamin Lawsky, the Superintendent of the New York State Department of Financial Services, announced that he was resigning in June.
Read more...An overview of the history of the economic dispute between the IMF and the Eurozone creditors over Greece, and what that means for the ongoing negotiations.
Read more...A new IMF paper strikes another blow against the idea that Big Finance is good for you.
Read more...More fog of reporting….did the European Commission lodge a proposal to break the Greek negotiating logjam? If so, it’s backpedaling at high speed.
Read more...A flurry of stories this weekend confirms that Greece and its creditors remain hopelessly at odds. The inertial path is to a Greek default
Read more...Paul Krugman’s latest column fingers some valid targets but lets way too many other equally deserving ones off.
Read more...How Tony Blair sold deregulation, and why his bad prescription is so hard to kill.
Read more...The SEC’s acting director of examinations gave a progress report a year after his predecessor exposed widespread misconduct in private equity. But is the agency goingfar enough?
Read more...Elizabeth Warren’s concerns about trade deals undermining financial regulations get an unexpected confirmation from Canada.
Read more...Not surprisingly, the central bank has gone mum about a Freedom of Information Act request we submitted over two months ago.
Read more...One way to fix Dodd-Frank is to break up big financial firms.
Read more...A Greek default looms, but what does that mean for Greece and its creditors?
Read more...A recap of the marquee talk at the “Finance and Society” conference in Washington last week, between Janet Yellen and Christine Lagarde.
Read more...As readers know all too well, there is so much obviously half-baked economic research that this site could turn itself over to shredding examples and only scratch the surface. But we have established the Frederick Mishkin Iceland Prize for Intellectual Integrity to highlight outstanding examples of economic shillery in which the attempt at analysis is obviously cooked so as to produce a pre-determined outcome.
Read more...As the regulatory actions accumulate, Belvedere Management looks less and less like a maligned fund manager, and more and more like a giant fraud. How much of the $16Bn it purported to manage is left?
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