by French Caldwell | June 16, 2009 | Comments Off
Pundits have pointed to the development of a new normal by describing what path the economic recovery will follow. Some expect a traditional V-shape recovery and others a double-dip W. George Soros once called for what might best be called an inverse square root — that is a false recovery followed by a deep slide [...]
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Category: Uncategorized Tags: economy, Risk Management
by French Caldwell | March 11, 2009 | 3 Comments
Yesterday, in a speech before the Council of Foreign Relations, Federal Reserve Board Chairman Ben Bernanke used “systemic” or “systemically” 35 times! When talking about systemic risks he referred to risks that affect the financial system and financial markets broadly; he also used systemic to refer to institutions whose sole failure due to their size [...]
Category: Uncategorized Tags: Public Policy, Risk Management
