Posts Tagged as ‘transparency’

November 30, 2008

Information Asymmetry – A case of what you don’t know will hurt you

This blog entry describes how and why opaqueness is a must on Wall Street and notes the obvious — that a drive to maintain informational advantage frustrated attempts to regulate (and continues to do so) dangerous practices of asymmetry.
Transparency is the enemy of information advantages, and opacity is the friend of high margin investment products.  In [...]