follow the money

A blog on business law, politics, and white collar crime

April 4, 2014

Time to Reduce Repo Run Risk


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The financial system is safer, but not safe enough. For details, check out my (first) opinion column for the New York Times DealBook, published on April 4, 2013. Here.

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In the wake of the financial meltdown in 2008, there were many who claimed it had been inevitable, that “no one saw it coming,” and that subprime borrowers were to blame.