{"id":1342,"date":"2007-10-19T21:10:13","date_gmt":"2007-10-20T01:10:13","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=1342"},"modified":"2007-10-19T21:10:13","modified_gmt":"2007-10-20T01:10:13","slug":"sub-prime-de-la-dehesa-speaks-up","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=1342","title":{"rendered":"Sub-Prime! de la Dehesa Speaks Up!"},"content":{"rendered":"<p><a href=\"http:\/\/www.voxeu.com\/index.php?q=node\/164\">Guillermo de la Dehesa<\/a> has written a <a href=\"http:\/\/www.voxeu.com\/index.php?q=node\/657\">thoughtful piece in VoxEU<\/a> regarding future possibilities in regulation.<\/p>\n<p>He states: To avoid future crises<\/p>\n<ul>\n<li>all mortgage originators should be regulated,<\/li>\n<li>banks should have to retain their \u201cequity\u201d or first loss risk,<\/li>\n<li>securitizers should be more transparent and produce\u00a0more standardized products<\/li>\n<li>the rating agencies should be more transparent and independent,<\/li>\n<li>Europe\u2019s coordination failure among national supervisors should be fixed.<\/li>\n<\/ul>\n<p>It&#8217;s a good article, worthy of a more thoughtful response than I can currently prepare. I&#8217;ll try to update over the weekend.<\/p>\n<p><b>Update<\/b>: <i>Naked Capitalism<\/i> has <a href=\"http:\/\/www.nakedcapitalism.com\/2007\/10\/some-modest-suggestions-for-rating.html\">reported another essay<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guillermo de la Dehesa has written a thoughtful piece in VoxEU regarding future possibilities in regulation. He states: To avoid future crises all mortgage originators should be regulated, banks should have to retain their \u201cequity\u201d &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,29],"tags":[],"class_list":["post-1342","post","type-post","status-publish","format-standard","hentry","category-regulation","category-sub-prime"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1342","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1342"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/1342\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1342"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1342"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1342"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}