Sep 18 2008 | 8:34am ET
As the problems on Wall Street continue and grow, the 10th anniversary of another major collapse is just around the corner.
The demise of Long Term Capital Management shook the financial system in 1998, much as the collapses of Bear Stearns and Lehman Brothers have rattled the economy in 2008. Former Treasury Secretary Lawrence Summers had a front-row seat to the LTCM debacle, and this week shared his thoughts at a hedge fund conference in Greenwich, Conn., on how the government handled the LTCM situation then, and their intervention, or lack thereof, in current crises.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…