December 2011
2 posts
The Digest - Weekend edition
Business Week profiles Palantir, whose software is used by police and intelligence agencies to detect and disrupt terrorist plots. The data mining software is now also used by banks to detect fraud and even generate trade ideas. — Business Week Moving OTC trading to a central counterparty (CCP) is often seen as a silver bullet to reduce systemic risk, but as it turns out it’s not that...
Dec 10th
The Digest
Another “Banks’ business models will have to change” story, this one looking at cost of funding and impact on lending. — FT Hedge funds are delevering, due to banks having to reduce their lending and increasing margin calls on their positions. — Reuters The European debt crisis in eight graphs: nice overview of the economic forces at work. — Wonkblog The Digest is a daily(-ish)...
Dec 3rd