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Indian microfinance, the definitive investigation: Part 3, Verdict
[Continued from yesterday’s Part 2 and the preceding Part 1.] By: David A. Smith In the first two-thirds of his terrific post, When Indian Elephants Fight, David Roodman of the Center for Global...
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The biggest scandal of them all
By:David A. Smith As if global bankers needed to do anything more to blacken their collective names, there is now metastasizing from London a scandal so far-reaching, so appalling that I will be...
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Lose LIBOR: Part 1, why it’s out of date
By:David A. Smith I confess I never understood LIBOR to begin with. Do you know what time it is? A watch doesn’t really go with this outfit, daddy. (For that matter, I’ve never understood...
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Lose LIBOR: Part 2, what’s wrong with it
By:David A. Smith [Continued from yesterday’s Part 1.] In yesterday’s post, we explored how LIBOR is antiquated and anachronistic, representing as it does a financial technology rendered obsolete...
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Lose LIBOR: Part 3, why it’s unfixable
By:David A. Smith [Concluded from yesterday’s Part 2 and the preceding Part 1.] Two days into a three-part post, we’ve seen from the Economist‘s reporting that LIBOR was antiquated and influential...
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