ask a banker
May 20, 2013 — Should banks be required to hold much more capital as a safety net? Just kidding, banks don't hold capital!
Apr 15, 2013 — The main skills required are attention to detail, cheerful obedience, and the ability to add two-digit numbers in your head. Also, it helps to like finance.
Mar 25, 2013 — A reader who just re-financed his mortgage asks: Why are so many people willing to lend huge amounts of money at such low interest rates?
Mar 5, 2013 — Banking is a highly regulated beast. Shadow banking, not so much.
Feb 11, 2013 — Does anyone make anything that beats a low-cost index fund? There are at least two short answers to this, which are (1) Don't ask me, and (2) No.
Jan 17, 2013 — Two common questions: 1. Shouldn't more bankers be in jail? 2. How do I get a job in investment banking?
Nov 20, 2012 — Short answer: Of course! Long answer: Here's what it's costing taxpayers, what people are doing about it, and what might happen if we broke up the banks.
Nov 7, 2012 — More and more stocks are traded by computers, at speeds so fast humans can't keep up. The problems this creates are largely the problems created by all trading, just speeded up.
Oct 24, 2012 — Sure, derivatives are bets. But they're also tools for getting around the tax code, accounting rules, and lots of other regulations.
Oct 17, 2012 — I will tell you what a derivative is, but I will take a while to get there, and you may feel cheated. That is okay. If you want to understand derivatives, you must learn to live with uncertainty, and also with feeling cheated.