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s of jurisdictions, clearing out huge derivatives books, or closing down the lending operations while they are sold to a new owner. 6 For example, Baker and Wurgler (2013) argue that lower-beta, and hence presumably less-leveraged, bank stocks give the same average return as higher-beta bank stocks.
s from exploiting deposit insurance by offering higher interest rates to invest in riskier projects. 8 Tom Braithwaite, Camilla Hall, Gina Chon and Martin Arnold "Citi Stress Test Hit b Audit Lapses," Financial Times, March 28 2014, 00144feabdc0.html. Suzanne Kapner, Stephanie Armour, and Julie Steinberg, "
ner, Legacy of Ashes, 450-51. Also, Walter Pincus, “CIA Passed Bogus News to Presidents,” Washington Post, Oct. 31, 1995. 190 “There are no rivers”: Baker, “Michael Hayden Says U.S. Is Easy Prey for Hackers.” 191 “The best defense”: Former NSA official who requested anonymity, interview with author. |
kenfeld: David Kocieniewski, “Whistle-Blower Awarded $104 Million by LR.S.,” New York Times, Sept. 11, 2012. @ 147. whistle-blower Daniel Ellsberg: Martin Arnold, “Pentagon Papers Charges Are @ Dismissed,” New York Times, May 11, 1973. 147 FBI office in Media: Mark Mazzetti, “Burglars Who Took On EB.I. Aband
l Hayden interview in Wall Street Journal. Gerald Baker, “Michael Hayden Says U.S. Is Easy Prey for Hacke
d...”-- David Kocieniewski, “Whistle-Blower Awarded $104 Million by I.R.S.” New York Times, September 11, 2012 “Whistle-blower Daniel Ellsberg...”-- Martin Arnold, “Pentagon Papers Charges Are Dismissed,” New York Times, May 11, 1973 “FBI office in Media...”-- Mark Mazzetti, “Burglars Who Took On F.B.I. Abando
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