Monthly Archives: July 2011

Funds of Funds May Actually Increase Risk, Study Finds

Professor Steve Brown says tail risk increases with excess diversification. Ever since the financial crisis, the fund of hedge funds model has been under fire. Such firms, which sells baskets of hedge funds to investors, charge too much, investors have … Continue reading

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Wall Street Reform Slow Going

Professor Matt Richardson gives Dodd-Frank a ‘B’. One year after signing the Dodd-Frank financial regulation reform legislation, regulators and market watchers say there are still a lot of hurdles to overcome to avoid another financial meltdown. Watch video here

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‘Guaranteed to Fail’ on The Daily Show

Professor Matt Richardson discusses the book ‘Guaranteed  to Fail’ on The Daily Show with Jon Stewart. Watch video here. The Daily Show with Jon Stewart Mon – Thurs 11p / 10c Matthew Richardson www.thedailyshow.com Daily Show Full Episodes Political Humor … Continue reading

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Dodd-Frank: One Year On…..

22 July marks the first anniversary of Dodd-Frank, the most comprehensive US regulatory effort for financial markets since the 1930s. In June, the Pew Charitable Trusts and NYU’s Stern School collected an array of prominent experts to provide an interim … Continue reading

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State Overreach: Some Lessons for India

Professor Viral Acharya says the way US state-sponsored firms morphed into disaster should be a cautionary tale for Indian policymakers It’s been over two-and-a-half years since Fannie Mae and Freddie Mac, the government sponsored enterprises (GSEs) in the US supporting … Continue reading

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Italy to Be Last Battle to Save Euro, Altman Says

Edward Altman, a finance professor at New York University’s Stern School of Business, talks about his Z-metrics formula for assessing the financial health of countries and the outlook for resolution of the European debt crisis. Altman, who created the Z-score … Continue reading

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Fiscal Policy, Like Medicine, Must Fit an Economy’s Specific Ills

Professor Viral Acharya says we must first diagnose the problem before deciding on the stimulus. COUNTERCYCLICAL fiscal policy or stimulus, like medicine, works only if it is customised to the economic disease on hand. If not, it may be wasteful. … Continue reading

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State is Now a Dominant Force in US Capital Markets

The FT refers to ‘Guaranteed to Fail’ by NYU Stern faculty as a “thought-provoking book.” But the dirty secret behind this rhetoric was that government-backed institutions such as  Fannie and Freddie were playing an important role in the modern financial … Continue reading

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