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Archive of posts published in the tag: finance banking

The Catastrophe of Capricious Regulation

“While the regulators had a legitimate concern, the manner in which they chose to handle WaMu was even more destructive. They decided to take the extra losses created by covering the uninsured depositors from WaMu’s bondholders. The bondholders had expected

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Nassim Taleb on The Best Way to Deleverage

I have been a fan of Nassim Taleb since I read “Fooled by Randomness”. I remember stumbling in it the bookstore at Columbia University in New York. I quickly grabbed his most noted book, “The Black Swan” which continued his

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