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"FDIC Loss Estimates are Grossly Understated" (August 26, 2008) |
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"Investors do not have to be Wiped Out in
Fannie and Freddie's recapitalizations
(but if they are taxpayers will probably be
wiped out, too!)" (August 22, 2008) |
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"Restructuring, Tightened Credit, and Betting
the Bank" (August 20, 2008) |
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"Nonmonetary Effects of the Financial Crisis in
the Propagation of the Great Depression Credit Crisis" (August 6, 2008) |
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"Bad Statistics, Bad Risk Management and
Government Bailouts" (July 23, 2008) |
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"Cheap Money Crowds out Real Structural Improvements" (July 16, 2008) |
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"Lessons from Bailout History II" (July 9, 2008) |
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"Everything Old is New Again – The Return of the Leverage Ratio" (July 2, 2008) |
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"Margins vs. Stability" (June 25, 2008) |
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"Complex Debt" (June 4, 2008) |
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"The Fungibility of Risk" (May 28, 2008) |
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"Continued Obstacles to Ratings, Accounting, and Valuation in MBS" (May 14, 2008) |
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"Are Credit Cards the Next Crisis?" (May 7, 2008) |
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"Fighting Fire with Fire: The limits to knowledge in financial engineering" (April 30, 2008) |
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"More Bailouts, Inflation, and World Crisis" (April 23, 2008) |
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"Fixing our 21st Century Bank Run" (April 16, 2008) |
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"Economics has Left the Building: Rising Emotions in the Housing Policy Debate" (April 9, 2008) |
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"Comparing and Contrasting Proposed Reforms with Solutions to the Current Crisis" (April 1, 2008) |
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"The Limits to Economic Knowledge and the Confluence of Economic and Regulatory Policy" (March 25, 2008) |
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"The SEC’s Malfeasance" (March 18, 2008) |
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"The Bailout is Already Underway (and failing)" (March 11, 2008) |
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"Lessons for Continued Restructuring " (March 4, 2008) |
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"A National Homeownership Strategy for the New Millenium" (February 26, 2008) |
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"Structure Risk" (February 19, 2008) |
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"Evidence for (and Against) Bailouts" (February 12, 2008) |
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"The Allure of Structured Finance" (February 5, 2008) |
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"Lessons from Bailout History" (January 29, 2008) |
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"Perhaps the Effects of the Subprime Crisis are not Contained" (January 22, 2008) |
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"Welcome to Earnings Season!" (January 15, 2008) |
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"The Real Estate Problem is Not Foreclosures, it's Capital Utilization" (January 8, 2008) |
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"The Looming Foreclosure Crisis: How to Help Families Save Their Homes" (January 1, 2008) |
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"Economic Stimulus via Monetary vs. Fiscal Policy" (December 27, 2007) |
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"Modification’s Effects on the Mortgage Insurers and Credit Default Swap Markets" (December 18, 2007) |
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"The Looming Foreclosure Crisis: How to Help Families Save Their Homes" (December 11, 2007) |
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"Modification Myths and Realities: Someone is Going to Take the Loss" (December 4, 2007) |
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"What’s the Problem with Recourse?" (November 27, 2007) |
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"The Latest Class of Subprime Investor – You" (November 20, 2007) |
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"The (Continuing) Problems with Credit Rating Agencies" (November 13, 2007) |
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"The Devolution in Bond Insurance" (November 6, 2007) |
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"Liquidity, Ratings, and Bond Insurance" (October 30, 2007) |
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"Stability for Bank Funding" (October 23, 2007) |
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"A Primer on Co-guarantee Systems" (October 16, 2007) |
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"Dealing with Ratings Agencies" (October 9, 2007) |
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"Mortgage Loan Modification: Promises and Pitfalls" (October 2, 2007) |
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"The Evolution of Structured Credit and the Resulting Impact on Subprime: Remarks before Risk Magazine’s Mortgage Risk Conference, New York" (October 2, 2007) |
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"The Evolution of Structured Credit and the Resulting Impact on Subprime" (October 2, 2007) |
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"Monitoring the Monitor" (October 2, 2007) |
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"Market Crisis Update" (September 24, 2007) |
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"Remarks before the Bond Club of Philadelphia" (September 20, 2007) |
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"Regulatory Reactions to the Current Crisis" (September 17, 2007) |
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"Reclaim power from the ratings agencies" FT.com (August 24, 2007) co-authored
with Charles Calomiris. |
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"Bernanke vs. Greenspan" (August 10, 2007) |
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"CDO Q&A" (June 8, 2007) |
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"Where Did the Risk Go? How Misapplied Bond Ratings Cause Mortgage Backed
Securities and Collateralized Debt Obligation Market Disruptions" (June 3, 2007) presentation co-authored with Joshua Rosner. |
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"Is New Regulation Needed to Protect Consumers from Unsuitable Mortgage Loans?" (May 22, 2007) co-authored with Joshua Rosner. |
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"Where Did the Risk Go? How Misapplied Bond Ratings Cause Mortgage Backed Securities and Collateralized Debt Obligation Market Disruptions" (May 3, 2007) presentation co-authored with Joshua Rosner. |
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"Where Did the Risk Go? How Misapplied Bond Ratings Cause Mortgage Backed Securities and Collateralized Debt Obligation Market Disruptions" (May 3, 2007) paper co-authored with Joshua Rosner. |
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"Ownership = Equity" (April 9, 2007) co-authored with Charles Calomiris. |
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"Should Greenspan Speak?" (March 7, 2007) |
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"How Resilient Are Mortgage Backed Securities to Collateralized Debt Obligation Market Disruptions?" (February 15, 2007) presentation co-authored with Joshua Rosner. |
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"How Resilient Are Mortgage Backed Securities to Collateralized Debt Obligation
Market Disruptions?" (February 15, 2007) paper co-authored with Joshua Rosner. |