Tag: Risk

Are Bank Regulations Creating New Risk Pools?

Lukas Becker, writing on Risk.com, points out that the recent emphasis on “stress testing” banks, coupled with incoming leverage ratio requirements, are causing some banks, especially in Europe, to lower their long-term/less-liquid loan […]

European Beef Scandal: Yet Another “Neon Swan”

Reading all of the stories the last few weeks about the UK meat contamination scandal reminded me of a post i wrote back in December of 2011. In it, I stated: […]

Does Investing = Gambling

There is an interesting piece by Lucy Kellaway on FT.com that describes a little-noted population in London’s financial community: compulsive gamblers. Kellaway writes about brokers who often gamble during work and […]

Book Recommendation: “The Hour Between Dog and Wolf” by John Coates

Just a quick post to recommend John Coates’ excellent book, “The Hour Between Dog and Wolf” (Penguin, 2012). Coates is a former Goldman Sachs derivatives trader who has gone on […]

Calculating the True Cost of Risk

On Dec 5 the Wall St Journal ran an an interesting piece about an attempt by some academics to calculate the cost to the economy of the uncertainty in government […]