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While the firm did employ a well-regarded chief risk officer, Madelyn Antoncic, who had a PhD in economics and had worked at Goldman Sachs, her input was virtually nil. She was often asked to leave the room when issues concerning risk came up at executive committee meetings, and in late 2007, she was removed from the committee altogether.
Andrew Ross Sorkin • Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the FinancialSystem--and Themselves
Dru Riley • Micro Private Equity: Building a Playbook, Abandoned Projects, Revenue-Based Financing

As per the dominant regime of political economy, the artificial money is introduced to the financial sector by means of “open market operations” in which central banks purchase financial instruments on the market to add to their balance sheets in order either to boost the prices of these assets, lower the borrowing costs of corporations, or both at
... See moreSacha Meyers • Bitcoin Is Venice: Essays on the Past and Future of Capitalism
When Donald Trump claimed that he used his own money to finance his primary campaign, he was really declaring, to the chagrin of his party leadership, that he was not to be part of Washington’s massive network of intertwining patron–client relationships.
Jessica C. Flack • Worlds Hidden in Plain Sight: The Evolving Idea of Complexity at the Santa Fe Institute, 1984–2019 (Compass)
Paul Krugman | Substack
paulkrugman.substack.com
George Strompolos
@gstrompolos