Information transmission a good predictor of credit crisis

The recent credit crisis was preceded by a sharp increase in the transmission of information in the largest derivatives market. Such transmissions can therefore serve as indicators for the instability of the market. A team ...

Bonuses and risk not linked, says research

(PhysOrg.com) -- New research into the causes of the credit crisis has cast doubt on the alleged link between bonus payments and risk exposures in the UK financial sector.

Green jobs grow slowly

Last year, Randy Hagen, president of Solar Skies Mfg in Starbuck, Minn., laid off four of his 14 workers after orders stalled for the rooftop solar collectors he makes. Government rebates promised last year under the Obama ...

The world's next economic hot spot?

(PhysOrg.com) -- A bailout by neighboring emirate Abu Dhabi has apparently stabilized Dubai’s financial crisis. But the longer-term economic impact—on Dubai and other nations—could grow more serious.

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