Paul Jorion's Blog

Tag: speculation

  • VUB, “Stewardship of Finance” Chair, fourteenth lecture, 28th March 2013

    The fourteenth lecture of the course about on speculation. Pro (LoL) and contra. The author whose name I unfortunately don’t remember during the lecture: Donald MacKenzie, An Engine, Not a Camera. How Financial Models Shape Markets, Cambridge (Mass.) : MIT Press 2006

  • VUB, “Stewardship of Finance” Chair, twelfth lecture, 14th March 2013

    Twelfth lecture of the « Stewardship of Finance » chair. It is the notion of risk and the different forms of risk sharing which allow the building of a reasoned catalogue of all types of financial instruments and analysing them in an ethical perspective. Is it admissible that taxpayers were required not only to pay…

  • AH! THE IMAGE OF FINANCE!

    Translated from the French by Tim Gupwell. We learned on Tuesday that the fifth largest British bank, Standard Chartered, had promised the New York State regulator that it would pay a fine of 340 million Dollars for illegal transactions with Iran. The matter is not yet closed, as four other American regulatory bodies continue to…

  • “No Matter What We Do, It Will Still Be The Same”

    An English translation by Bernard Bouvet of my « QUOI QU’ON FASSE, CE SERA LA MÊME CHOSE ! » of March 11.   77% of you, my dear blog readers, not all of you, but a “comfortable majority” of you, happens to be French. Your country is now in full “election showbiz” mode, and the…

  • Kerviel’s trial in France: the question no one is asking…

    An English translation of Kerviel: la question que personne ne pose posted on my French blog on June 21st. Many thanks to E-blogs for the translation. What have we learnt so far from Jérôme Kerviel’s trial about the big questions? Do his superiors know more they pretend about the transactions he was doing? Another question…