Tue 2009-06-16 00:00 EDT

naked capitalism: Some Musings on Financial Innovation

Martin Mayer ``the whole purpose of the innovation is to get around the existing regulation''; John Maynard Keynes `` When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done.'' Yves: ``ncreasing the liquidity of credit risk, even assuming it worked as advertised, seemed guaranteed to mean that everyone would be more casual about assuming it''

financial innovation; mused; naked capitalism.

Tue 2008-06-17 00:00 EDT

naked capitalism: Martin Mayer on Past and Current Misdeeds in Finance

Current Misdeeds; finance; Martin Mayer; naked capitalism.

Tue 2008-06-17 00:00 EDT

The Institutional Risk Analyst: The Vigorish of OTC: Interview with Martin Mayer

The Vigorish of OTC: Interview with Martin Mayer; former DTCC CEO Jill Considine; Jerry Corrigan; Keating Five; "a lot of what is called innovative is simply a way to find new technology to do what has been forbidden with the old technology"; "Banks globally have been miserable failures when it comes to combining investment and commercial banking"

Institutional Risk Analyst; interview; Martin Mayer; OTC; Vigorish.