Foreign Exchange Swaps: Hidden Debt, Lurking Vulnerability
How hidden foreign exchange swaps contribute to financial fragility.
Read more...Category Archives: Risk and risk management
How CEOs, Experts and Philosophers See the World’s Biggest Risks Differently
Trying to understand CEOs’ blinkered view of risks.
Read more...Boeing Again Pushes Back Guesstimated 737 Max “Good to Go” Date to Mid 2020 as Company Bleeds Cash
Yet more bad news for the 737 Max.
Read more...FAA Considering Mandatory Simulator Training for Boeing 737 Max as New Hardware Problem Surfaces
The FAA and Boeing may be moving towards a deal.
Read more...Muilenburg Forced Out of Boeing, But 737 Max No Closer to Flying. What Happens If It Stays Grounded?
Why the 737 Max mess is no closer to resolution
Read more...Boeing Halts 737 Max Production to Reduce Cash Burn; Suppliers Hit; Measurable Ding to GDP Expected
Boeing takes a 737 Max self-preservation measure, to the detriment of suppliers and even the overall US economy.
Read more...‘Hurricane Truthers’: Bonkers Conspiracies Are Putting Lives in Danger
First ant-vaxxers, now hurricane skeptics……
Read more...BBVA Compass Fails to Dispute, Much the Less Remedy, Retaliatory Swatting, Disclosure of Confidential Information, and Reckless Treatment of Elderly Customer
BBVA has not denied that an officer swatted an elderly woman on fabricated grounds as retaliation for documenting his reckless advice.
Read more...Are Evidence-Based Decisions Impossible in Politics?
How human psychology and institutional incentives undermine making good decisions in the political arena, and what can be done about that.
Read more...The Rich Under Stress as Asset Prices Wobble
Some of the rich are feeling the pinch. Is this a passing phenomenon or a sign of things to come?
Read more...FAA Pushes Back on Boeing Pressure to Recertify 737 Max by Year End; Agency Also Considering Major Revamp of Certification Process
Remarkably, the new FAA chief Steve Dickson is standing up to Boeing and planning widespread reforms at the agency.
Read more...Roiled Repo Markets: Looking for Answers in All the Wrong Places
If you are worried about repo, you are worried about the wrong thing. If anything, it’s a symptom of too much liquidity demand from the FX swaps market.
Read more...Why Did Isaac Newton Lose His Shirt in Financial Speculation? Author Alex Pollock Explains.
Trying to predict the financial future is a fool’s errand, even for a genius.
Read more...Grab Your Apocalypse Bag — It’s Fire Season in California
Increased fire risk is creating new behaviors in California. May be coming to your area soon….
Read more...Wall Street Has Been Gambling With Student Loan Debt For Decades
As the student debt crisis continues to mount, major financial institutions are making record profits from student loan asset backed securities.
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