Stories by Christopher Whalen

Christopher Whalen is Senior Managing Director of Tangent Capital Partners in New York, where he works as an investment banker providing advisory services focused on companies in the financial services sector. Christopher is co-founder and Vice Chairman of the board of Lord, Whalen LLC, parent of Institutional Risk Analytics, the Los Angeles based provider of bank ratings, risk management tools and consulting services for auditors, regulators and financial professionals. He is a blogger and author of "Inflated: How Money and Debt Built the American Dream." He edits The Institutional Risk Analyst, a weekly news report and commentary on significant developments in and around the global financial markets. subscribe to Christopher Whalen's feed

Posted on: Feb 21, 2012, Source: Zero Hedge

The rule that now terrorizes much of the financial industry is a convoluted half-measure that fails to address the fundamental problem of fraud.