Credit rating agencies were at the heart of the rise of securitisation, and securitised assets were at the heart of the Subprime problems. Plainly these agencies are slated for major reforms. This article presents the statement of an eminent group of financial economists on such reform.
Failing to understand the past leaves a black hole in your ability to understand the implications of the current tenuous condition of the U.S. dollar. The monetary roots of the French Revolution provide a compelling parallel.
Energy expert Dr. Michael J. Economides spoke at the New York 2006 Hard Assets Conference last month on what might be the most important economic consideration for the next 10 years. Herein is the full presentation.