Lombard Street - Volume 1 Issue 5

In this issue:

From the Editor: Getting Back on Track

David Evans, Editor-in-Chief

Exclusive Book Excerpt: Getting Off Track

[How Government Actions and Interventions Caused, Prolonged, and Worsened the Financial Crisis]

John B. Taylor, Hoover Institution Senior Fellow and Stanford economist 

Why Banks Won’t Sell Legacy Assets Without Changes to PPIP

John Buchman, General Counsel, E*TRADE Bank

No Easy Answer in Debate over MTM versus HC Accounting standards

Satya Thallam, Mercatus Center, George Mason University

Lost in Disclosure: The Limits of Disclosure as a Regulatory Technique in Financial Markets

Emilios Avgouleas, International Financial Law Professor, University of Manchester