Banking

Former banking executive reflects on launch and rise of the ATMJohn Reed talks about the challenges and opportunities of working with a complex sociotechnical system.

3 Questions: Andrew Lo on JP Morgan’s multibillion-dollar trading lossMIT financial markets expert addresses the need for better risk management — and a simple way to tell if JP Morgan’s failed gamble was a trade or a hedge.

Michael Seelhof, SDM '12: a banker adds theory to experience in managing complexity

3 Questions: Roberto Rigobon on world marketsMIT expert in international economics surveys a month of turmoil.

Cracking the codeMIT sociologist’s book takes an insider look at investment banking and the high-risk trades that can spin out of control.

Explained: Knightian uncertaintyThe economic crisis has revived an old philosophical idea about risk and uncertainty. But what is it, exactly?

‘Failure is good’In a talk to promote his new book, MIT’s Simon Johnson lambastes a finance industry he sees as lacking a healthy fear of losing money.

Q&A with Simon JohnsonMIT’s outspoken bank critic on the state of the financial industry, the need for reform, and the performance of the White House

MIT Sloan Professor Simon Johnson named 'public intellectual' of the yearMIT Sloan Professor Simon Johnson topped UK's Prospect Magazine's list of 25 public intellectuals of the financial crisis in 2009.

3 Questions: Vincent Lépinay on bankers unleashedAn MIT anthropologist, who studies financial practices, discusses how ever-changing banking tools baffle regulators.