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Interview

Pass the microphone: Preston to Cusenza

What have power trading and personal genetics got in common, and what are the advantages of a clearing house using VAR to calculate margin? Ben Preston, head of power trading at Macquarie Energy, puts his questions to Paul Cusenza, CEO of Nodal Exchange

No accounting for tastes

The Financial Accounting Standards Board has been robust in its defence of fair-value accounting, and is now set to ruffle regulatory feathers by proposing the approach be expanded to cover all financial instruments. Risk speaks to the standard-setter’s…

Hitting the groundwork

As head of the EC’s financial markets infrastructure unit, Patrick Pearson is leading the effort to draw up new European legislation for derivatives. He talks to Risk about the progress of that effort and the importance of aligning the rules with similar…

Paying by the rules

As the US Treasury’s special master for executive compensation, Kenneth Feinberg has the task of overseeing pay for the top 100 employees at firms receiving exceptional government aid. In an exclusive interview, he discusses progress on pay reform,…

Pass the microphone: Humphreys to Strickland

In this new column, an industry professional interviews a market expert of their choice. Next month the interviewee becomes the interviewer and chooses who to interview. The series is kicked off by Brett Humphreys putting his questions to Lacima Group’s…

Keeping the lights on at Lehman

The administrators of Lehman Brothers International (Europe) discuss their role in handling the largest bankruptcy in corporate history, revealing how the process has raised questions about prime brokerage agreements, stock lending practices and the way…

Less risk, less profit

Regulators are gearing up for a crucial meeting of the Basel Committee this month, which will finalise proposals on capital buffers, quality of capital and a leverage ratio. Sylvie Matherat, head of financial stability at the Banque de France, talks to…

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