Contributing Editors' Blog Entries

undertheradar's picture

Conflicts of Interest

Two examples today of the strange way things work here in the Netherlands regarding conflicts of interest. Of course we know that things are getting increasingly blurry whereever you are between government, regulators and corporations. I'll be interested to hear what you think about the whole issue.

The first example is for a business that tests LED lamps and publishes the results on the internet. The people that run the tests both work full time at Philips. Maybe not on the lamps themselves.

clokey's picture

Unfortunately, the spectacular rise of Wall Street’s securitization machine will likely forever frustrate attempts to ascertain the extent to which the Fed is responsible for what happened to the U.S. housing market and financial system in 2008.  After all, it wouldn’t be fair to short sell (no pun intended) all the Special Purpose Vehicle sponsors, CDO asset managers, investors, and ratings agencies who, for at least five years, worked so hard to collapse the system.