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Posts Tagged ‘Detect Systemic Risk’

The Financial Industry Needs Its Plumbing Fixed to Detect Systemic Risk

Wednesday, April 28th, 2010

The U.S. Senate recently passed to the floor for a full vote Senator Chris Dodd’s (D-Conn) America’s Financial Industry Rehabilitation Act of 2010. It contains a provision for the creation of a Financial Research Data Center. What this little understood provision represents is a back-door way of admitting garbage in/garbage Read More