Across history, some bursts of lending to companies and individuals, or so-called "credit booms," have led to busts, while others haven't.
Eight students in MIT Sloan's Action Learning course on Capital Markets and Investment Management develop a new tool for measuring the real economy.
Financial Giant Seeks Rebalancing Policy
How Does Credit Supply Expansion Affect the Real Economy? The Productive Capacity and Household Demand Channels | Lending Markets | Consumer Finance Initiative
Gary Gensler, a former Wall Street regulator and partner at Goldman Sachs, will teach the course this fall.
He excelled in mathematics at MIT, then set his sights on Wall Street. How Jim Simons made billions, and what he’s doing with it.
Financial economist Andrew W. Lo became an ESG believer after developing a mathematical formula that quantifies the financial return on impact investing.
Ratings agencies could be using subjective factors to assign risk; or portfolio managers could be strategically using “window-dressing” to make CLOs appear less risky.
As consumers and workers assert ownership of their data, new cooperatives could help them band together to use it.
