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Tag Archives: regulation

Banning Naked CDSs

24-May-10

A little late in the posting, but Brad Delong on banning naked CDSs: I say, narrowly, no–that if we can get proper clearing, transparency, and capital adequacy requirements in place banning naked CDOs would not do any good and would do a little bit of harm. But it is a close call. And if we [...]

Rated XXX

24-May-10

While the reform bill has gone through, there is still a lot of cleaning up to do. The WSJ talks about firms that can still shop around the ratings agencies, getting the best “deal” for themselves: In the wake of the financial crisis, the companies that rate bonds have been lambasted for being asleep at [...]