archive

Is finance parasitic?

Robert C. Hockett and Saule T. Omarova (Cornell): Public Actors in Private Markets: Toward a Developmental Finance State. Joseph Heath (Toronto): Mistakes Were Made: The Role of Catallactic Bias in the Financial Crisis. Would the financial crisis have happened if women ran Wall Street? Banking Left: Danny Vinik on how the center moved after the financial crisis. Ross P. Buckley (UNSW): The Changing Nature of Banking and Why it Matters. What is the right size and purpose of the U.S. financial system? Annie Lowrey on how Wall Street is fleecing New York City. Renegades of Junk: Max Abelson, Jason Kelly, and David Carey on the rise and fall of the Drexel empire. Why Harvard professor Sendhil Mullainathan has mixed feelings when students take jobs in finance. Ben Bernanke isn’t the problem, the system is the problem: The former Federal Reserve chair is only the latest top regulator to head through the revolving door to the financial industry (and more). Huhnkie Lee (Michigan): The Moral Undercurrents Beneath the Regulatory Regime of Investor Protection. Is finance parasitic? David Glasner investigates. Charles Levinson on how Wall Street captured Washington’s effort to rein in banks. Wall Street Vampires: The plot against financial reform continues, despite the fact that one important measure is actually working. Financial reform is working, kind of: GE doesn’t want to be a bank anymore. Don’t break up the megabanks: The Sanders solution is appealing, but the “mega” isn’t the real problem.