Tuesday, June 30, 2009

New York Times Online ("DealBook" section) just published my proposal for a global approach to systemic financial risk

Please go to: http://dealbook.blogs.nytimes.com/2009/06/30/another-view-a-global-approach-to-financial-risk/

The first piece published by them last thursday pm is: http://dealbook.blogs.nytimes.com/2009/06/25/another-view-flaws-in-the-obama-oversight-plan

IF you are interested in reading any of the pieces, do comment on them at the NYT site - I will be keen to see your comments. Sphere: Related Content

1 comment:

Anonymous said...

A major contributor to the ineffectiveness of the Presidential Working Group was its lack of detailed information. For example, according to the Congressional Oversight Panel, all of the databases available to the regulators covered only 60% of the mortgage market. How can a market be properly monitored when the critical information as to what is going on is unavailable. Going forward, the success of a national or international regulatory council is going to be based on its having access to the information that is needed to actually perform the regulatory function.

Please see www.rwbeerdiet.blogspot.com for a detailed discussion of the information needs (as the author calls it: the mother of all databases).

Please see www.tyillc.com for the leading global firm in implementing this type of database.