The New York Times recently ran an article called ?Seeking a Safer Way to Securitization? (Floyd Norris, Feb 6, 2010) that asked the fundamental quest...
The annual IMD World Competitiveness Scorecard came out in October for 2009. In this measure of worldwide competitiveness, or ?how nations and enter...
I started my career out of school with a postgraduate degree in space physics writing mission software systems for satellites for organizations that n...
As CEO of Dorado I travel constantly. These last few weeks have been very unique. What began as a single business meeting turned into a quest to und...
California began a 90-day moratorium on foreclosures this month. Gov. Schwarzenegger signed The California Foreclosure Prevention Act last February. ...
Most lenders have loan modification programs in place. Customers in trouble should be ecstatic. Foreclosures should be on the decline — right?
Doug ...
The market of home lending is rebuilding itself. I call it Mortgage 2.0. As people inside the mortgage lending market look forward towards rebuildin...
I read that Obama?s new CIO has a preference for SaaS and Cloud Computing [see me punching the air with my fist and yelling ?yes!?]. SaaS? time has c...
The last few times I’ve talked to a reporter, one of the first questions they ask is what I think of Treasury Secretary Timothy Geithner’s TARP II pla...
I had a conversation with a bank executive the other day, one of our new 2008 customers. He was telling me about the socialization of change within th...
Just about everything you'll hear coming out of Washington starting now is really about November's mid-term election. The gravitational pull of the mi...
In September 2008, as the worst of the financial crisis engulfed Wall Street, George W. Bush issued a warning: "This sucker could go down." Around the...
"Don't make the perfect the enemy of the better," says the President and congressional insiders when confronted with the sorry spectacle of a health-c...
The public option is dead, killed by a handful of senators from small states who are mostly bought off by Big Insurance and Big Pharma or intimidated ...
Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a ...
After a year of insisting Illinois should raise taxes, Gov. Pat Quinn is set to propose a new budget that would leave tax rates untouched. Instead, he...
Bank of America customers will soon be unable to spend more than they have in the accounts linked to their debit cards. It's a step that may become a ...
Credit-card debt has been falling for 16 straight months but consumers aren?t paying off their financial obligations as much you might think. Instead,...
I know, I know, we?re starting to sound like a broken record, or MP3 player. But researchers are once again sounding the alarm that Americans are not ...
Instead of playing the trade-up game, more homeowners are staying in their homes, upgrading kitchens and baths and building additions to accommodate t...
Consumer borrowing broke a record stretch of declines with a small increase in January as a boost in auto loans offset continued weakness in credit ca...
Not every letter from a credit card company is bad news these days. While millions of card users received notices of interest rate hikes and new fees ...
Consumers are unlikely to take on more debt in the near term even though there are signs that they are spending more, Goldman Sachs Group Inc. analyst...
The State Board of Elections has dismissed a complaint against one of the most powerful interest groups in North Carolina politics over requiring its ...
U.S. consumers are starting to look like a frugal, debt-fearing lot as they pay down billions of dollars in credit-card obligations. But an alarming t...
The New Mexico Legislature adjourned a politically difficult special session on Thursday after putting the finishing touches on more than $230 million...
Jessica C. Stahl. An extensive literature has investigated the effect of market structure on innovation. A persistent concern is that market structure...
Elmar Mertens. In models of monetary policy, discretionary policymaking often lacks the ability to manage public beliefs, which explains the theoretic...
Michael Pykhtin and Dan Rosen. We address the problem of allocating the counterparty-level credit valuation adjustment (CVA) to the individual trades...
Elmar Mertens. No, not really, since spectral estimators suffer from small sample and misspecification biases just as VARs do. Spectral estimators are...
Kenneth P. Brevoort, John A. Holmes, and John D. Wolken. In a seminal article on small business lending, Petersen & Rajan (2002) argue that technologi...
AuditWorks.com - Take the bull by the tail and face the situation
Boise Inc. , a leading manufacturer of packaging products and papers, announced today that its wholly owned subsidiaries, Boise Paper Holdings, L.L.C....
Comerica Incorporated today announced that it priced an $800 million offering of 22,857,143 shares of its common stock at $35.00 per share. The underw...
Federal Reserve Bank: International Finance Discussion Papers
Andrea Raffo. Understanding the joint dynamics of international prices and quantities remains a central issue in international business cycles. Intern...
Benjamin R. Mandel. A key emerging insight in international economics is that the scope for quality differentiation can help to explain patterns in ex...
David Altig, Lawrence J. Christiano, Martin Eichenbaum, and Jesper Linde. This paper formulates and estimates a three-shock US business cycle model. T...
Emine Boz, Ceyhun Bora Durdu, and Nan Li. This paper shows that labor markets of emerging economies are characterized by large fluctuations in wages w...
Bo Sun. The paper investigates stock return dynamics in an environment where executives have an incentive to maximize their compensation by artificial...
