Big Dirty Money

A blog on business law, politics, and white collar crime

April 4, 2014

Time to Reduce Repo Run Risk

The financial system is safer, but not safe enough. For details, check out my (first) opinion column for the New York Times DealBook,  published on April 4, 2013. Here.


In the wake of the financial meltdown in 2008, there were many who claimed it had been inevitable, that “no one saw it coming,” and that subprime borrowers were to blame.