Category Archives: Economists on repo

Gallery

The Panic of 2007-8: What happened?

This gallery contains 1 photos.

Ten years after the Panic of 2007-8, there’s still major disagreement about what caused the financial crisis and the Great Recession. That’s the sobering revelation in a flurry of commentary written for the 10th anniversary of the Lehman bankruptcy. Lehman … Continue reading

Gallery

Bring back our crisis tools

This gallery contains 1 photos.

Editor’s Note:  The following opinion column was published today in my local newspaper, the Santa Rosa (Calif.) Press Democrat. See original column here.  Thanks.   -Mary Fricker By Mary Fricker To prevent the next financial crisis from being worse than the … Continue reading

Gallery

Yelling “Fire!” but no one moves

This gallery contains 1 photos.

Risk is rising in the land of shadow banking. Regulators don’t know how to track it, they don’t know what to do about it and it’s not going to end well. Those are the implications of recent reports whose authors … Continue reading

Gallery

At mid-year, repo is like an ancient fable

This gallery contains 1 photos.

Today’s repurchase market is like the ancient fable of the six blind men and the elephant, where the blind men offer very different descriptions of what each saw when they touched an elephant in a different spot. The only thing … Continue reading

Gallery

2016 news round-up: So little has changed

This gallery contains 1 photos.

The biggest news about the repurchase market in 2016 was how little has changed since 2008. A year ago, the future looked brighter. 2015 was a hopeful year for people who want to see a solution to the risks that … Continue reading

Gallery

Repos make the news

This gallery contains 1 photos.

The big news about the repurchase market in 2015 was that it made the news. After decades when the largest financial market in the world rarely appeared in public, in 2015 repos finally hit the big time. At least 140 … Continue reading

Gallery

Lenders drove the boom and the bust

This gallery contains 1 photos.

In the years leading up to the 2008 financial crisis, trillions of new dollars flooded into housing.  Why? Was it coaxed into the housing market by borrowers who convinced bankers they could pay back the loans? No. It gushed into … Continue reading