Mase: Economics and Finance

“Bank Seeks To Avoid Taking Loss On Bonds.” So reads the headline for the New York Times article on the dilemma of the European C...

Why do large investors…hedge funds and others…like governments to get involved in financial affairs? Because these investors can make lo...

Standard & Poor’s rating services have just given Greece sovereign debt the lowest rating it has.   The Greek leadership is upset.   ...

If the history of banking tells me anything, it tells me that banks are only fooling themselves if they think that they can hide bad assets ...