Xiang Ji’s Bookshelf

You Don’t Need To Innovate In Finance; You Don’t Need To Invent Anything New

Archive for the ‘LTCM’ tag

Vikram Pandit Calls For A Level Playing Field

There is a speech by Citigroup’s new CEO Vikram Pandit in June that went almost unnoticed. He in fact raised some significant points. One of them is a robust regulatory architecture that treats “systemically significant institutions” equally.
(www.citi.com)
“Every institution has the right to lose all their money if they want to. But no one should have [...]