Risk and risk management Archives - Page 18 of 67

Jumping the Abyss: Marriner S. Eccles and the New Deal, 1933-1940

An in-depth look at Marriner Eccles’ ideas and policies, and how well they have withstood the test of time.

Marcie Frost’s Poor Job as CalPERS CEO – Gutting the Audit Function

CalPERS is undermining the performance of its audit unit, a critical control function. The fact that CEO Marcie Frost either doesn’t care, or is not even on top of things enough to know, is yet another sign of her incompetence.

Marshall Auerback: Central Bankers as ‘Dealers of Last Resort’

In their 21st-century role as counterparty/dealer/insurer of last resort, central bankers must not simply use their balance sheets indiscriminately to provide a liquidity backstop during the downturns. They must embrace this counterparty role as an umpire, rather than an enabler.

What Should the EU Do About the Turkish Currency Crisis?

The Turkish lira has been under significant pressure in recent weeks. What is the EU’s exposure to possible crisis in Turkey and how should the EU react?

Bill Maher Leads Attack on Larry Wilkerson over Trump Meeting with Putin

Larry Wilkerson is roughed up by Bill Maher for the crime of saying taking steps to avert nuclear war with Russia is a good idea.

Will Investors Like CalPERS Fall for Private Equity’s Long-Lived Fund Con?

Beware of the private equity “innovation,” the long-lived or “permanent capital” fund. It is virtually guaranteed to short change investors on returns needed to compensate for the longer holding period.