Too Big to Save? [C-SPAN]
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Too Big to Save? [C-SPAN]
February 8, 2010 – 9:58 am | No Comment

Robert Pozen looks at the causes of the 2008 financial collapse and says that the financial system needs to be reformed so that we don’t see a repeat down the road. He argues for changing the incentive system on Wall Street and calls for strengthening the government regulation of financial markets. (1 hours, 9 minutes)

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GMU’s Tyler Cowen on “Too Big To Save”
September 27, 2009 – 4:35 pm | No Comment

Professor Tyler Cowen reviews *Too Big to Save*, by Robert Pozen:

“Robert Pozen’s Too Big to Save: How to Fix the U.S. Financial System is the single best source for figuring out what happened. It is the go-to book if you are a non-specialist and want to understand: how credit default swaps work, the significance of Basel II, mark-to-market, how the various Fed bailouts operated, the meaning of the toxic asset plans, and many other matters.”

Should the G-20 Adopt Bonus Limits? [HarvardBusiness]
September 21, 2009 – 12:13 pm | Comments Off
Should the G-20 Adopt Bonus Limits? [HarvardBusiness]

Do you favor legal limits on individual bonuses of senior bankers or aggregate bonuses at an unprofitable bank?

Reactions to Bob Pozen’s “Too Big To Save?”
September 15, 2009 – 4:39 pm | Comments Off
Two Lessons From Lehman [Harvard Business]
September 14, 2009 – 11:44 am | Comments Off
Two Lessons From Lehman [Harvard Business]

Almost exactly one year ago – on September 15, 2008 – Lehman Brothers filed for bankruptcy, a collapse that many think tipped the world into the gravest financial crisis since 1929. Could the situation have been handled better?

Join the discussion and read moore on Pozen’s post, the first of his series on the financial system appearing every Monday in Harvard Business Voices: Conversation Starter »

Chatter about a New Global Currency Is Overblown [The Financial Times]
July 29, 2009 – 8:40 pm | Comments Off
Chatter about a New Global Currency Is Overblown [The Financial Times]

SDRs have less potential than suggested by China. They could not become a viable global currency in their present form. Swaps with the IMF for SDRs would provide central banks with a convenient way to diversify their portfolios without depressing the market for US dollars. However, these swaps would have to be of limited volume because they effectively transfer the risk of dollar depreciation from central banks to the IMF.

original article: Chatter about a New Global Currency Is Overblown

In-Depth Look – Restoring Confidence in Market [Bloomberg]
March 11, 2009 – 3:18 pm | No Comment

Live! from the Chamber of Commerce with Robert Pozen of MFS Investment Management. (Bloomberg News)

How to Value Toxic Bank Assets [The Wall Street Journal]
February 3, 2009 – 9:24 pm | No Comment

The government and banks can share in any upside.

Foundations to Be Laid before Bridging Gap [The Financial Times]
November 19, 2008 – 6:42 am | Comments Off
There’s a Better Way to Prevent ‘Bear Raids’ [The Wall Street Journal]
November 18, 2008 – 6:48 am | Comments Off

The SEC should restore the uptick rule.

Reverse Auctions Are Useful to Buy Assets But No Panacea [The Financial Times]
October 9, 2008 – 6:50 am | Comments Off

The US Treasury is already hiring experts to help buy troubled assets from financial institutions, but the most important question behind the bail-out plan remains open: what is the right price for these assets since they are not actively traded?