Investment Officers
When Bailouts Make Moral and Economic Sense: Friedman & McNeill
Effective or not, bailouts somehow seem unjust. Why use taxpayer money to save the companies that actually caused the meltdown, the banks that made the reckless loans, and insurance companies that ...S&P’s ‘AA+’ Rating On U.S. Now Stable As Downside Risks Abate
Standard & Poor's revised the outlook on its "AA+" credit rating for the United States to stable from negative, noting that some downside risks have abated. The risks have receded to the point ...
Bond Buffer Seen in Demand for Swaps Collateral: Credit Markets
New collateral rules for hedge funds, insurers and others in the $633 trillion over-the-counter derivatives market are poised to boost demand for U.S. Treasuries, potentially slowing rising yields as ...
Fed’s Plosser Favors Too-Big-To-Fail Firms Holding More Capital
Federal Reserve Bank of Philadelphia President Charles Plosser called for the largest financial institutions to hold more capital to help prevent a repeat of the recent financial crisis, and renewed ...
Pension Funds Investing in Cat Bonds Overlook Risk: Gen Re’s Montross
Berkshire Hathaway Inc.'s Franklin "Tad" Montross said pension funds that increased bets on catastrophe bonds to improve investment returns may flee the market after a major natural disaster. ...
Private Equity Ownership Hurts Company Performance: U.K. Study
U.K. companies bought by private- equity firms become less productive than their peers, according to a study by academics at three British universities. Researchers at Warwick Business School, ...
Financial Analysts Say Direct Contact with Executives Is Essential
Private phone calls with managers remain an essential source of analysts' earnings forecasts and stock recommendations – even in light of regulations limiting businesses' selective disclosure of ...Turkey and South Africa: A Tale Of Two Emerging Markets
Messy politics, economic slowdown and a balance of payments deficit: four days of violent anti-government protests across Turkey are reminding investors of another emerging market—South Africa. ...