Join us

Anna Bahney is a Fellow and staff writer for The Audit

Future Telling

Bloomberg Markets’s Stephanie Baker-Said has a nice cover story this month about Nassim Taleb, author of “The Black Swan: The Impact of the Highly Improbable.” His book, which was published almost a year ago and is still number 24 on the New York Times Hardcover Nonfiction Best Seller list, is giving Taleb, a former options […]

Mortgage Broker Mojo

On Tuesday the Center for Responsible Lending dropped an interesting study that highlighted the role of mortgage brokers in the subprime debacle. The CRL study of 1.7 million loans between 2004 and 2006 found that mortgage brokers steered weaker borrowers into costlier loans that generated more revenue for the brokers, while offering cheaper loans to […]

Food (and Energy) for Thought

Elizabeth Spiers, founder of dealbreaker.com, has some interesting if not totally original things to say about inflation in her column in the latest issue of Fortune. Her point is that the insistence on focusing on “core” inflation makes the numbers look better because the stuff that’s going up – food and energy – is stripped […]

Soros on Market Myths

Writing in today’s Financial Times, billionaire and philanthropist George Soros calls out Hank Paulson, the US Treasury Secretary for not doing enough heavy lifting to improve regulation of financial institutions. He calls for new thinking not reshuffling of regulatory agencies. Importantly, he not only questions but denies altogether the idea that markets are self-correcting. For […]