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Content Tagged transparency

[from amaah] The 2007 Meltdown in Structured Securitization: Searching for Lessons, Not Scapegoats

The World Bank view: Incentive conflicts explain how securitization went wrong, why credit ratings proved so inaccurate, and why it is superficial to blame the crisis on mark-to-market accounting, an unexpected loss of liquidity, or trends in globalization. The paper argues that the principal source of financial instability lies in contradictory political and bureaucratic incentives that undermine the effectiveness of financial regulation and supervision in every country in the world.

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[from amaah] In the Fog of Volatility, the Notional Becomes Payable

When an entire community of academicians suddenly changes cultural profile, that dear friends is what we call a ground rules shift. It means they are all going back to first principles analysis. Wives have a descriptive sentence for that when their husbands are driving … "You're lost dear."

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[from amaah] Structural Causes of the Global Financial Crisis: A Critical Assessment of the New Financial Architecture'

structural flaws: 1) the theoretical foundation of the NFA – the theory of efficient capital markets – is very weak and the celebratory narrative of the NFA accepted by regulators is seriously misleading; 2) widespread perverse incentives embedded in the NFA generated excessive risk-taking throughout financial markets; 3) mortgage-backed securities central to the boom were so complex and nontransparent that they could not possibly be priced correctly; their prices were bound to collapse once the excessive optimism of the boom faded; 4) contrary to the narrative, excessive risk built up in giant banks during the boom; and 5) the NFA generated high leverage and high systemic risk, with channels of contagion that transmitted problems in the US subprime mortgage market around the world.

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W. David Stephenson: Automated Data Feeds Make Smart Regulation Possible Now

One Internet innovation, automated data feeds, might simultaneously meet the smart regulation requirement, improve banks' internal operating efficiency, and even win back public trust as well. Obama has specifically called for data feeds from government agencies as part of his transparency strategy to rebuild public confidence in government, especially as a result of the bailout crisis.

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Wikia Search - A New Way to Search

We - the people, not the machines - can uniquely determine the quality (or lack thereof) of a data source instantaneously, without aide of a machine-generated estimate. Spam and other noise can be filtered by a community with greater accuracy than by any network of CPUs. And valuable information - which the machines either miss or cannot understand - can be highlighted appropriately.

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Como deixar as coisas transparentes com CSS 3 - Parte 2

Segunda parte do tutorial "Como deixar coisas transparentes com CSS 3", aqui mostro como tornar isso dinâmico ;)

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