Monthly Archives: February 2011

Prof. Ed Altman on the Outlook for US and European Debt Markets

Professor Ed Altman speaks with Tom Keene on Bloomberg Television’s “Surveillance Midday” about outlook for US and European debt markets. Watch video here 

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US Panel on Flash Crash Urges Rule Changes

Professor Rob Engle says markets need incentives to solve liquidity issues. An advisory panel convened to investigate last year’s “flash crash” has recommended rule changes that would significantly alter US market structures and might push more orders back to public … Continue reading

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How Close is America to Fiscal Crisis?

In a post in The Economist, Professor Viral Acharya says gradual steps should be taken to avert an abrupt crisis. Excerpt from The Economist: It is clear that America cannot just “count on” growth going forward. While growth-enhancing strategies may … Continue reading

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Europe Putting Off Inevitable Restructuring

Professor Ed Altman applies the Z-metric to European countries. Excerpt from Bloomberg: Holders of bonds from indebted European nations such as Greece will need to take losses of about 50 percent as their finances are restructured, according to Edward Altman, a … Continue reading

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Webinar: “Guaranteed to Fail: Freddie, Fannie, and the Debacle of US Mortgage Finance”

Professor Stijn Van Nieuwerburgh will describe the origins of the U.S. housing finance system, with a special emphasis on the role of the GSEs-Fannie Mae and Freddie Mac. Further, he will discuss how the GSEs became some of the most … Continue reading

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Stagflationary Risks from the Arab Street

In a Financial Times op-ed, Prof. Nouriel Roubini discusses “Stagflation Risks Stemming from Political Unrest in the Middle East.” The upheaval in Tunisia and now Egypt has important economic and financial implications.  About two-thirds of the world’s proven oil reserves … Continue reading

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