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Bad regulation vs. deregulation
Clear Thinkers favorite Niall Ferguson provides this timely reminder to those who believe that the financial turmoil of the past couple of years is the result of lax regulation of financial markets: Human beings are as good at devising...
Thinking about markets
Now that folks have had at least a bit of time to reflect on the financial crisis on Wall Street, some good historical perspectives are starting to pop up, such as this Niall Ferguson Vanity Fair piece (previous posts...
The Allies' tainted triumph
V-E Day - the day on which the Allies remember their victory over Nazi Germany during World War II - fell on Mother's Day this year, so the 60th anniversary celebrations seemed somewhat muted. In that regard, British historian Niall...
The similiarities between Enron and U.S. Govt. financing
A substantial part of the Justice Department's criminal cases against former Enron executives Jeff Skilling and Richard Causey involves their complicity in Enron's liberal use of "off-balance sheet" partnerships that Enron used to shift risk on debt that otherwise would...
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