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Unsettled Trades & Systemic Risk

5 posts

This crime may have become so extensive that it has created in our country’s financial system a crack so deep it could trigger a systemic collapse.

The Foreclosure Crisis: Punchline to a Michael Lewis Joke from 2008?

The foreclosure crisis is being written and spoken of as though it were exclusively a paperwork crisis. For…

October 18, 2010

As is explained in numerous pieces in DeepCapture, there are many cracks in the settlement system, one of…

December 7, 2008

In a previous post I named various places where unsettled trades can accumulate: in the desks of brokers,…

December 1, 2008

Greetings, and peace. As we Irish say, “I’m sorry for your troubles.” In today’s Salt Lake Tribune there…

August 3, 2008

I will begin this preamble to the subject systemic risk with two quotes from Warren Buffett (by quoting…

February 15, 2008