Blog

I AM RETIRING SO HERE ARE SOME PARTING SHOTS

FIRST

I posted an essay with a similar title at academia here

https://www.academia.edu/6351124/There_is_no_risk_free_rate_of_return_available

There should be a risk free investment because its absence is slowing the world's economies.

You can read more here:

http://macro-economic-design.blogspot.com

and here:

https://bwwsociety.org/bwwsociety.org/journal/current/2019/sep-oct/replacing-fixed-interest-bonds.htm

SECOND

HOW DAMAGING IS MONEY LAUNDERING LEGISLATION?

A comprehensive round-up of some of Mr Ingram's work (of IngramSure (UK) Ltd) on investigating the instability and risk that is built into the foundations  of the world's economies. Edward thinks that this is where Risk Managers need to assert themselves by getting involved in the design of the products that they are risk managing.

BORIS - Edward you have been telling me and much of the world on your blogs about your researches.

It seems that your approach to risk management is somewhat unique.

In 2010, we witnessed 157 banks closed by the FDIC. They were either taken over by stronger hands or liquidated and depositors were given back their deposits. 

On this first Friday of the New Year,only two banks were shut down. According to the BlogSpot the Bank Blog: 

  “The "honor" of the first bank to fail in 2011 belongsto First Commercial Bank of Florida based in Orlando. …It had approximately $598.5 million in total assets and $529.6 million in total deposits was closed. First Southern Bank