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.
Unsettled Trades & Systemic Risk
The foreclosure crisis is being written and spoken of as though it were exclusively a paperwork crisis. For example, an October 18, 2010 Associated...
As is explained in numerous pieces in DeepCapture, there are many cracks in the settlement system, one of them being the DTCC’s Continuous Net...
In a previous post I named various places where unsettled trades can accumulate: in the desks of brokers, in pre-netting among brokers, in the...
In a previous post I named various places where unsettled trades can accumulate: in the desks of brokers, in pre-netting among brokers, in the...
Greetings, and peace. As we Irish say, “I’m sorry for your troubles.” In today’s Salt Lake Tribune there is a story that is 100%...
I will begin this preamble to the subject systemic risk with two quotes from Warren Buffett (by quoting him I do not mean to...
