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Angry Bear
(0)
Why didn't CDO purchasers just pool for themselves?

Robert WaldmannOne brief question about structured finance and a possible answer. Why did investors need financial operators to make pools for them? Now it is easier to make sense of financial...

Started in Angry Bear • 3 months ago • 0 responses
Tags: asymmetrical information, cdo, bank crisis, tranche

Angry Bear
(0)
General Equilibrium Theory by Popular Demand

Robert WaldmannI'm not kidding. Someone in some thread said that he or she thought it would be great if I could give a simple intuitive explanation of Geanakoplos and Polemarchakis (1985). Also I...

Started in Angry Bear • 10 months ago • 0 responses
Tags: equilibrium theory, 21st century economic philosophy, economics, asymmetrical information, markets

Angry Bear
(0)
Fed Stonewalling details

Yves Smith at Naked Capitalism has a topic we should be keeping an eye on over time, as does CR.Bloomberg now suing in court under the Freedom of Information Act for aggregate information concerning...

Started in Angry Bear • 1 year ago • 0 responses
Tags: 21st century economic philosophy, asymmetrical information, risk management, cr v
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