Read my latest Oxford University Press blog post on the rise of index investing.
Read my post on the Oxford Business Law Blog on “banking crises,” which presents a brief summary of my chapter by the same name in The Oxford Handbook of Banking and Financial History, which I co-edited with Youssef Cassis and Catherine Schenk.
Listen to my conversation with Alex Jansen about the Libor scandal, on eFM This Morning, Seoul, South Korea.
Read my latest Oxford University Press blog post on the amendment of section 716 of the Dodd-Frank Wall Street Reform and Consumer Protection Act 2010.
Read my latest OUP blog post on the foreign exchange scandal, and why it is systematically more serious than the Madoff scandal.
Read my piece “Bitcoin Is as Good as Gold. That’s Bad” in today’s in Slate.
Read my interview with with Cezmi Dispinar. Same web site as post below, but this is in English.
See a my post on Libor on the Oxford University Press blog, where I will be a regular monthly contributor.
The UK Parliamentary Commission on Banking Standards has just released its 500+ page report “Changing Banking for the Good.” Among the report’s more intriguing proposals is the creation of a new criminal offense: “reckless misconduct in the management of a bank.” Certainly, convicting someone who brought down a bank for “reckless misconduct” would be satisfying. … Read more
The International Organization of Securities Commissioners (IOSCO) published a report this week calling for the London interbank offered rate (Libor) and other such benchmark interest rates to be tied more closely to actual transactions. Sadly, the proposal does not go far enough. I have written about Libor on a number of occasions (see here, here, … Read more