Credit Slips now has a Twitter feed. You can find us @CreditSlips on Twitter (as well as from the button to the right). We'll be trying to put our posts up there as well as retweeting from the Credit Slips authors. We also have added a button that will allow you to tweet individual Credit Slips posts on your own Twitter feed.
New York Fed President William Dudley is suggesting that regulators could force banks to withhold a big chunk of executives' annual pay and then use that money to fill holes in capital when trouble hits.
This week on The Broke and the Beautiful, DMX promises to play nice, and Tori Spelling says she’s lost some money but isn’t broke. Also, Cole Hamels and Aaron Shea scored a touchdown in bankruptcy court.
Traditional risk management works well when only profits are at stake. To protect against the dangers that can sink an institution, a new approach is needed.
The Bird Is the Word: The Morning Scan is as sick of hearing about the Twitter IPO as you probably are, but it still dominates business news pages this morning. The social network's shares jumped nearly 75% on their first day of trading, in sharp contrast to the Facebook debacle last year. Hence the FT's take: "Tech industry enters new era with Twitter's IPO success. The shadow of Facebook's troubled IPO...
