Expect[ed] Loss

We've kept a look-out on the National Collegiate Student Loan Trust (NCSLT) shelf we inspected  more fully in January this year. A...

It's been a week since the Brexit vote.  And silver, not gold, has been taking off. Usually in lock-step with gold, silver has outp...

The last 2 days have been pretty good to silver's ETF (SLV) and pretty ordinary for gold ETF (GLD).   Gold and silver, often joined a...

“Too large a proportion of recent "mathematical" economics are mere concoctions, as imprecise as the initial assumptions they res...

We returned recently from an enjoyable and enlightening trip to Australia. This post covers some of the recurring themes that emerged fro...

We've been keeping logs of valuation/pricing disputes and issues pertaining to fees charged (more regularly buy-side probes). Thi...

Later this month, Congress will begin its race against a July 1st deadline to pass legislation addressing the financial mess in Puerto Rico...

You’re probably not alone in thinking you could have done a better job running one of the banks.   Now you can see if that’s true, than...

We received a couple of calls late last week about the securitization structure (or catastrophe or "cat" bond) deal that Credit S...

This week has brought with it some significant disclosure on some of the forms of pre-crisis misconduct at the banks, and the first settlem...