Paul Jorion's Blog

Tag: systemic risk

  • « Dédicace too big to … », by luami

    Guest post. « Dédicace too big to … » Have you heard of “too big to fail !”? Now they say “too big to jail !” They know they have the whole power Because they finance the lawyer! They don’t care about Justice Nor about the State Police They have put the money somewhere But…

  • VUB, “Stewardship of Finance” Chair, tenth lecture, 28th February 2013

    The tenth lecture in the course, devoted to risk and insurance: financial risk, systemic risk, the insurance business’ first steps, the methodology: Value at Risk, regulation: Solvency II.

  • IGNORING LESSONS LEARNT

    My most recent column in the French daily paper Le Monde : Le risque systémique court toujours. As usual the translation is due to Bénédicte. Lehman Brothers’ bankruptcy, on September 15, 2008, and its aftermath – more than one trillion dollars being injected into the financial system – have caught people’s attention about financial firms…