“If you consider the contribution of plumbing to human life, the other sciences fade into insignificance.” James P. Gorman (CEO Morgan Stanley) The repo market is often referred to as the plumbing of the financial system.  And much like the plumbing in your house, it functions in the background unnoticed, that is, until something goes […]

“I think people make way too much of ratings.” Walter Cronkite Last month we asked when was the last time you gave an Uber driver less than five stars.  The question segued into an examination of factors that can lead ride-share users and credit agencies to inflate their assessments. This prompted questions as to what’s […]