Sudip Bandyopadhyay’s Blog

What is the future for credit ratings agencies and how should they be treated under the new system of financial market regulation evolving internationally? These questions have been hotly debated in recent months and a consensus is now emerging. The European Union is close to finalizing legislation to register and regulate ratings firms for the [...]

If the world is really following the script of the 1930s, then we are due for competitive devaluations, as nations attempt to make themselves more competitive at the expense of everyone else.  So the Swiss National Bank’s announcement that it is intervening to push down the Swiss franc sounds alarming.  The speed with which the [...]

Dubai must feel a little like Mark Twain, these days.  Upon reading his own obituary in the newspaper, Twain wrote: “The report of my death was an exaggeration.” Dubai has had its share of obituaries as it suffers from a property bust and contagion from the global credit crisis.  Headlines from Cairo to London to [...]

“To believe that there is no way out of the present crisis for capitalism is an error” said Mr. Vladimir Lenin exactly 90 years ago, in March 1919, faced with another economic crisis, While discussing the dire straits of capitalism, he made the aforesaid comment and was  unwilling to write an epitaph of capitalism. That [...]

What is the future for credit ratings agencies and how should they be treated under the new system of financial market regulation evolving internationally? These questions have been hotly debated in recent months and a consensus is now emerging. The European Union is close to finalizing legislation to register and regulate ratings firms for the [...]