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 ...
"FUTURE FRIENDLY" -- Procter & Gamble, the world's largest consumer products company, will put more of its marketing muscle behind environmental effor...
Short sales are a valuable tool for struggling homeowners, but they?ve been notoriously difficult to complete, with buyers and sellers often playing a...
Sales dipped for L.L. Bean for the second consecutive year in 2009 but the outdoors clothing retailer managed to beat its own projections, the company...
The House voted unanimously Thursday to impeach a U.S. district judge from Louisiana, who lawmakers said avoided likely criminal charges related to al...
U.S. credit payments volume growth was up 2 percent for Visa Inc. in February compared with the same month of 2009, according to a regulatory filing f...
Bank of America customers will no longer complain about that $40 cup of coffee because they won?t be able to buy it if there?s not enough money in the...
Attorneys in the dispute over the estate of billionaire shopping mall magnate Melvin Simon have asked a judge to set strict limits on who can see cert...
Just how fast can India grow? Ask Manal Farooq, who can't make gloves quickly enough. "We are facing a major problem," said Farooq, a senior executive...
The sudden takedown of an Internet provider thought to be helping spread one of the most promiscuous pieces of malicious software out there appears to...
Calling himself a realist, Gov. Pat Quinn on Wednesday scaled back his proposal to raise income taxes, shifting to a call for an increase of just one ...
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...
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
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...