http://insight.kellogg.northwestern.edu/index.php en j-mendez@kellogg.northwestern.edu Copyright 2009 2009-11-06T15:23:46+00:00 http://insight.kellogg.northwestern.edu/index.php/finance/blog/nprs_giant_pool_of_money/ http://insight.kellogg.northwestern.edu/index.php/finance/blog/nprs_giant_pool_of_money/#When:14:23:46Z NPR had a very good program about the MBS meltdown that kicked off the financial crisis. {categories backspace="1"}Everything Finance 2009-11-06T14:23:46+00:00 http://insight.kellogg.northwestern.edu/index.php/finance/blog/home_prices_rising/ http://insight.kellogg.northwestern.edu/index.php/finance/blog/home_prices_rising/#When:17:25:58Z Home prices are rising according to the S&P/Case-Shiller Home Price Index. {categories backspace="1"}Everything Finance 2009-07-28T17:25:58+00:00 http://insight.kellogg.northwestern.edu/index.php/finance/blog/timeline_of_the_financial_market_and_policy_response/ http://insight.kellogg.northwestern.edu/index.php/finance/blog/timeline_of_the_financial_market_and_policy_response/#When:17:22:38Z The New York Federal Reserve Bank has a very nice timeline of the financial market and policy response of the last two years {categories backspace="1"}Everything Finance 2009-07-28T17:22:38+00:00 http://insight.kellogg.northwestern.edu/index.php/finance/blog/californias_i.o.us/ http://insight.kellogg.northwestern.edu/index.php/finance/blog/californias_i.o.us/#When:14:38:25Z The State of California’s tax revenues fall far short of its spending and the legislature and governor are unable to close the gap, due in part to the large number of constitutionally-imposed constraints and in part to all the usual hurdles to forging agreement among a diverse group of human being (here is the NY Times article). So the State is planning to start issuing i.o.u.’s to pay its creditors. Further, these i.o.u.’s may pay interest (they did in 1992).  How should we think of and value these new assets? {categories backspace="1"}Everything Finance 2009-06-30T14:38:25+00:00 http://insight.kellogg.northwestern.edu/index.php/finance/blog/avoiding_the_next_crisis/ http://insight.kellogg.northwestern.edu/index.php/finance/blog/avoiding_the_next_crisis/#When:18:46:54Z Ravi Jagannathan and John Boyd advocate for identifying all firms that perform critical banking functions and regulate them as banks. They also advocate on a size constraint to avert a catastrophic event from happening.  {categories backspace="1"}Everything Finance 2009-06-15T18:46:54+00:00