Tag Archives: Regulations and regulators

Italy’s Newly Unelected Prime Minister, Mario Draghi, Has Urgent Unfinished Business With the World’s Oldest Bank

In his former role as governor of the Bank of Italy, Draghi was partly responsible for Monte dei Paschi’s di Siena’s decline. Now he must reverse it.

Workers’ Wages: The Next Frontier in the Financialization of Just About Everything

As the virus crisis bites deeper and deeper into workers’ wages and household finances, big money is pouring into workplace finance initiatives.

Wall Street Mega-Landlord Blackstone Prepares to Reap the Spoils of Another Crisis

Blackstone was a big winner of the last crisis. Now, it hopes to repeat the feat, albeit using a somewhat different playbook.

City of London Frets About Life After 2020

The City’s vast financial services sector benefited hugely from the creation of the euro. Now, a large part of that business is at risk.

One Reason Economists Don’t Get Any Love: They Refuse to Take Any Blame for the Great Crash

Economists still act as if their role in devising the policies that led to the crisis has no bearing on their credibility.

Satyajit Das: The Main Game Looms – The Problem of US Debt (Updated)

By Satyajit Das, derivatives expert and the author of Extreme Money: The Masters of the Universe and the Cult of Risk Traders, Guns & Money: Knowns and Unknowns in the Dazzling World of Derivatives – Revised Edition (2006 and 2010)

In the first of three articles, the problems of US debt are outlined. The next two articles look at how America needs to control its public debt and how given political exigencies it may actually be dealt with.