Author Archives: McCabe

New Site Will Be Up Any day Now, Any day

As is the way of the world when developing a website of some complexity, there will be a delay, or two. I haven’t published a blog in awhile because I think you’re going to be blown away by the new site and don’t want to ask you to visit this “second best”. Alas, today I

Presidential Election 2016

Presidential Election 2016

The 2016 Presidential Election might be one of the most important decisions Americans make in the 21st Century.  Red Hats & Blue Hats Let me say upfront, I’m not writing this blog to sway your vote to Clinton or Trump.  It’s not a matter of Red Hats or Blue Hats. As a country of immigrants we’re risk

Lemonade for Banker’s Pay Cap

Note:  click on term to see definition Beyonce’s Sipping Lemonade This weekend, Beyonce served up the largest pitcher of LEMONADE I’ve ever seen.  In case you didn’t catch the show on HBO or missed the avalanche of publicity which followed, I’ll spill some 411.  Beyonce is mad at her husband Jay-Z because he (allegedly) had

regulation reform without consequences

Enforcing Wall Street Reform

Regulations are Boundaries Rules are important.  Regulations are important.  Boundaries of acceptable actions are important.  Just as the rules  guiding the behavior of a child, regulations are boundaries.  Telling a child they have to finish their meal and if they don’t finish, they won’t have dessert. Giving a teenager a curfew which if broken will result

Global Collateral risk tool

Global Collateral Risk Tool

Global Collateral Risk Tool Davis Polk has a new portal chock full of tools for Risk Managers.  They’ve included one of the best one-stop resources I’ve seen online in their global collateral risk tool.   Davis Polk has always done good work.  I give them Kudo’s and I’ll do so again now.  Cut this tool particularly

With Initial Margin Rules Final Let the Training Begin

Initial Margin Rules Finalized The past few years we’ve spent implementing derivatives reform.  Firms purchased software, hired CCPs and participated in compression processes.  This year a regulations will continue to become effective. Like the new rules on Initial Margin for Bilateral (OTC) Derivatives were recently finalized.  There are two good sources for information on the final margin