The starting point of my career in money management in 1973-74 was the time of the only true bear market any living non-Japanese investor has seen in major markets. Equities, real estate, you name it, everyone got run over. Paul Singer bearcareerequity share on social
Creating a regulatory system that reflects the modern-day realities of financial markets is not as difficult as it may appear. Paul Singer createdaydifficult Change image and share on social
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. Paul Singer creditinstrumentplanet Change image and share on social
Derivatives trading should be standardized and as much as possible moved to clearinghouses. Paul Singer clearinghousederivativemove Change image and share on social
A great deal of stupidity has chipped away at the massive advantages of Western civilization, which could terminally decline if it remains on the current path. But these problems can be solved - and swiftly - if the right leaders emerge. Paul Singer advantagechipcivilization share on social
The Orderly Liquidation Authority prescribed by Dodd-Frank should be repealed and replaced by an amendment to the U.S. Bankruptcy Code which would operate to prevent cross-default provisions from impacting derivatives books so long as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. Paul Singer amendmentauthoritybankruptcy share on social
'Inequality' has become the political theme/slogan of our time in both Europe and the U.S., yet political leaders do not even bother to consider that their own policies, which put the entire burden on central bankers to print money and drive up stock, bond and other asset prices, are actually exacerbating income and wealth disparity. Paul Singer assetbankerbond share on social