Financial Markets

Random musings on global financial markets, technology, physics and geopolitics

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Cox on the Credit Default Swap market

October 20th, 2008 · No Comments · Markets

Chairman Chris Cox is far too late in discovering, managing and regulating this market; a very costly mistake for the financial markets and the world:     October 19, 2008 OP-ED CONTRIBUTOR Swapping Secrecy for Transparency   By CHRISTOPHER COX   Washington THE historic volatility in the financial markets has raised important questions about the lack of meaningful […]

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The momentous Bear Stearns event

May 8th, 2008 · No Comments · Markets

Much criticism has been aimed at  Secretary of the Treasury Hank Paulson, Federal Reserve Chairman Ben Bernanke and SEC Chairman Christopher Cox for their swift action over the weekend of March 15-16 on Bear Stearns & Co. It is illuminating to read Cox’s letter to the Basel Committee on Banking Supervision(March 20, 2008) and the testimony […]

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