It's fair to say that it's extremely unlikely that short-term measures will be able to restore investor confidence in the world markets and by so doing stave off the spectre of a deep and painful recession. Quite how long that recession will last is anyone's guess; conventional thinking suggests that it will be a long, drawn-out affair, but considering the speed and severity of the current death spiral, it's plausible that the recovery could be equally fast.
This past six months have been especia
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails