Trump and the Opportunity to Fix the US Financial System
In the aftermath of the acute phase of the Great Financial Crisis, the Obama Administration trotted out the bank lobbyist written Dodd-Frank... Read More
Are Investors Lazy?
The most frequent argument against requiring issuers to provide more disclosure is “investors are lazy and don’t use the information that is... Read More
Economists, Lawyers and the Myth Investors Confused by Too Much Disclosure
Since the beginning of the Great Financial Crisis, I have talked to hundreds of economists and lawyers who believe the myth too... Read More
Economists and Opacity
Since the beginning of the Great Financial Crisis, I have met too many PhD Economists to count who accept the idea opacity... Read More
Information Matrix updated
Since the Information Matrix was first introduced during the acute phase of the Great Financial Crisis, I have received a lot of... Read More
BlackRock’s Fink Calls for Greater Disclosure
In yet another appeal, BlackRock’s Larry Fink called for companies to provide greater climate change related disclosure. Without partnering with the Transparency... Read More
The Myth of the Tough Financial Regulator
There is a myth being pushed by the business media that any living regulator was ever tough on Wall Street. It simply... Read More
Lies and Democracy
Senator Daniel Patrick Moynihan famously quipped “you are entitled to your opinion, but you are not entitled to your own facts”. Unfortunately,... Read More
Why Haven’t Economists Embraced the Information Matrix?
In a recent article, Nobel Prize winning economist George Akerlof explained why the modern Economics Profession is incapable of embracing the Information... Read More
“Great Leaders Trust People With the Truth”
Unlike the Great Financial Crisis, the CoronaVirus Crisis has resulted in a call for leadership to provide transparency. Why? Dov Seidman provided... Read More
Leadership and the Trump Covid-19 Press Conference Meltdown
Several weeks ago, I wrote a post on an excellent article by Harvard Professor Amy Edmundson is which she said in a... Read More
Transparency is “Job One”
Fortunately for us, I am not alone in pointing out a crisis is the worst time to hide information. Harvard Professor Amy... Read More
Rebuilding Trust and Confidence in the Financial System
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The Transparency Task Force asked why does greater transparency restores trust and confidence in the financial system. The short answer: we “Trust”... Read More
Responding to Matt Stoller’s “What is the Point of Economics”
Matt Stoller wrote a terrific post in which he sought to answer the question: what is the point of economics. His answer... Read More
Hedge Fund TCI Points Out Asset Managers’ Hypocrisy When it Comes to Disclosure
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First, it was TCW admitting asset managers had used investor funds to purchase trillions of dollars of opaque bonds they cannot value... Read More