Author

Derivatives trading should be standardized and as much as possible moved to clearinghouses.

Successful hedge funds will be entrepreneurial; it is the essence of the craft.

In the workplace, employees should be judged on their merit and hard work and not on aspects that are irrelevant to their performance.

From Paul Singer

While many of Mr. Obama's ideas warrant skepticism, conservative opposition to any expanded role for government is a mistake.

From Paul Singer

Today, even small entities that trade complex instruments or are granted sufficient leverage can threaten the global financial system.

From Paul Singer

It's true that monetary policy was too lax for too long, and the government encouraged lending to people who were unlikely to repay their loans.

From Paul Singer

Creating a regulatory system that reflects the modern-day realities of financial markets is not as difficult as it may appear.

From Paul Singer

The Orderly Liquidation Authority prescribed by Dodd-Frank should be repealed and replaced by an amendment to the U.S. Bankruptcy Code which would operate to prevent cross-default provisions from impacting derivatives books so long as mark-to-market payments are being made in a timely fashion.

From Paul Singer

Governments need to be authorized to provide 'open bank assistance.' The convolutions of Dodd-Frank aimed at 'avoiding' this tactic are ludicrous and will prove to be extremely costly to the system.

From Paul Singer

Credit ratings and risk weightings must undergo a thorough process of review and revision. No security or instrument on the planet should have a zero risk weighting.

From Paul Singer

Paul Singer

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