Posts Tagged: default

How can UK Local Government achieve Digital by Default?

Two of the biggest challenges facing government IT policy is how best to tap into the potential of open data and how to make digital by default a core goal. mySocity’s director Tom Steinberg hosted a session at LGA Conference 2012 outlining how local government should respond to these two issues and enable the sector… Read more »

Mortgage Securitization – explained and how it factored in the financial crisis

http://www.hbs.edu/research/pdf/09-060.pdf Thanks to Ezra Klein’s blog on washingtonpost.com for the link – the paper is a great read (once you get past the economics) to understand exactly the mortgage back securites (MBS) market fell apart – essentially it was due to (1) bad assumptions of defalut rates, (2) poor ratings of each MBS pool by… Read more »