What
measures are financial institutions taking to manage counterparty risk
in their over-the-counter (OTC) derivatives, how variable are these
measures, and how effectively do you believe they address the risks?
What
is the greatest crisis risk facing the U.S. banking industry today and
what impact can we expect on the US economy if the crisis happened?
The
Federal Reserve has stated that it is tending toward greater
transparency. Do you feel that this is a worthy goal and that the Fed
is making progress toward it?
What
are the top three lessons you've learned in your career that both the
general investing public is unaware of or undervalues in importance?
Do
you believe an meltdown of both or either Fannie Mae or Freddie Mac is
possible, requiring a tax-payer bailout? If so, what are the
implications for the US economy?
If you were able, what one change would you make to the current global financial system to make it significantly better?
It's
been said that the US dollar is losing its position as the world's
reserve currency, and with current account deficit as large as it is
that other currencies have already or may become the "gold standard"
for safety and security in the investment community? Do you agree?
How is money created and where do the interest payments come from?
For
decades price stability has been a key factor in robust economic
growth. In recent times, technological innovation and increased global
trade have eased inflationary pressures and allowed interest rates to
trend down to very low levels. In your view, is it possible that even
when needed to avoid falling prices it is possible that periods of high
money supply growth (liquidity injection) introduce imbalances that are
more dangerous long term than a deflationary price environment that
might have occurred in the short term without the added liquidity?
GATA
claims the gold price has actively being held down by a conspiracy
among a group of central bankers, bullion banks and derivatives
traders, using techniques such as leasing. If this group exists and if
you were hired byu them to accomplish this (i.e., secretly suppressing
the price of gold), how would you go about doing it, assuming it is
possible?
It's
been theorized that in the last 35 years, asset bubbles have been
created by a combination of monetary expansion, increasing debt, and
easing credit standards. If you believe this to be the case, who
ultimately will pay the price for these policies and how can an
individual investor not only hedge against the inherent risks
associated with these bubbles but also profit from them in a real not
just nominal way?
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