Tyler Durden/ Zero Hedge’s analysis of the aggregate balance sheet of the US commercial banks attracted a lot of attention last week, for good reason (h/t Felix Salmon). American taxpayers are…

The FT’s Gillian Tett makes a simple but important point: AIG’s role in the credit default swap market meant that a lot of risk that the bank regulators thought had been dispersed into many strong ha…

It just seems like yesterday when the euro broke $1.50 and oil broke $100. Now the euro trades closer to $1.54 than $1.50 and oil trades closer to $105. Macroman doesn’t watch his Bloomberg screen…

Lots of folks on Wall Street think they know why New York doesn’t dominate the IPO league tables anymore.   Sarbox.   It is undermining the “competitiveness” of US capital markets.   Or so the argume…