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The Role Prediction Markets Play In Assessing Climate Risk

The Horizons Tracker

. “The institutional arrangements under which climate-risk information is currently provided mirrors the incentive problems and conflicts of interest that prevailed in the credit-rating industry prior to the 2007/8 financial crisis,” the researchers explain. ” Understanding climate risk. Regulatory obstacles.

Marketing 124
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New Study Predicts Gloomy Economic Times Ahead For Americans

The Horizons Tracker

The researchers gathered data from Equifax and combined it with house-price data from Corelogic for a sample of around 300,000 workers who all have an active mortgage. Nonetheless, they still discovered a link between house prices and employment prospects, such that the fall in house prices after the 2008 recession led to a 2.3%

Price 82
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7 Ways To Finance Your Business

Strategy Driven

Investing doesn’t automatically mean that you will make a profit, which is why checking out the gold and silver price regularly and finding a good broker will help you. It can work out very well, and with enough research, you will be able to find a variety of different loans with varying interest rates and special deals.

Finance 66
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7 Ways To Finance Your Business

Strategy Driven

Investing doesn’t automatically mean that you will make a profit, which is why checking out the gold and silver price regularly and finding a good broker will help you. It can work out very well, and with enough research, you will be able to find a variety of different loans with varying interest rates and special deals.

Finance 63
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How Share-Price Fixation Killed Enron

Harvard Business Review

It appears that Enron''s final fatal mistake was to try to support its stock price instead of living up to key contractual obligations required to maintain its credit rating. What caused Enron''s bankruptcy was, quite simply, the loss of its investment-grade credit rating. What caused Enron to go bankrupt?

Price 8
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Ratings Agencies Are the Darnedest Things

Harvard Business Review

The Securities and Exchange Commission began using the ratings issued by what they called Nationally Recognized Statistical Rating Organizations (and yes, they actually do use the acronym NRSRO) to judge whether securities firms' balance sheets were solid enough. The United States and Moody's Bond Rating Service."

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What Economists Know That Managers Don’t (and Vice Versa)

Harvard Business Review

To begin with, quite a few parts of it are heavily concentrated at a global level (the credit ratings business, for example, or global investment banking), and many more at the national level (just six financial institutions account for 46% of all U.S. banking assets and as such are “too big to fail”).