More financial crisis….

1. Came across this very useful post in a generally useful sub-site of the Economist. It refers to the annual meeting of the American Economic Association, which along with the American Finance Association meetings are conferences I typically try to attend. In case you were wondering, forums such as these are where most faculty present their research (you know that thing we do when we are not teaching our hearts out).

2. And there goes the Volcker rule, see here. What is more worrisome is the tone of the crazier Republicans who say it is government’s job to “serve the banks.”