Read MoreThe path is smooth that leadeth on to danger.
– William Shakespeare
Topics: SIFMA, public finance, swaps, tax-exempt financing, municipal swaps
One of the (few) benefits of leaving a perfectly functional Street job is that I'm now free to have a free dialogue with the free press using my now free(er) speech. To that end, I decided to engage the NYT a few weeks back regarding Gretchen Morgenson'sThe Swaps That Swallowed Your Town article. This is the first of 3 posts recounting the transcript as surprisingly, they did engage.
Topics: swaps, libor, municipal swaps, hedging
"Knit Cap Creates Huge Hangover" is Not a Good Headline
Topics: Wall Street, SIFMA, public finance, swaps, municipal swaps, press