Chronically stressed and diseased koalas in clinical care are often euthanised, rather than released back into the wild.
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Regulators, banks and policy-makers use stress tests to uncover weak points in how financial institutions operate and identify changes that will help buffer them from harm.
New Zealand’s financial system is sound but still vulnerable, according to the Reserve Bank. But without better evidence there’s too much room for fear-mongering and confusion.
Your hair can reveal how much you drink, whether you smoke or take drugs, and perhaps even how stressed you are.
US regulators chose to reveal detailed information to the public about the state of the banks. They were able to be so transparent, without triggering a run, because of a strong fiscal backstop.
The worst damage to the Goldman Sachs franchise from the extraordinary attack on its corporate culture by a mid-level former employee comes from its clinical execution. With exquisite timing, Greg Smith’s…
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PhD Student in Economics, New York University
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Assistant Professor in Economics, London Business School
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Professor of Finance, New York University
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Senior Lecturer in Animal Science, The University of Queensland
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Principal Academic in Biological Chemistry, Bournemouth University
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Professor & Distinguished Professor of Finance, Research Director at the Institute for Sustainable Finance, Queen's University, Ontario
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Associate Professor of Accounting and Capital, Te Herenga Waka — Victoria University of Wellington
