 | Regulatory Arbitrage: Swirling in the Eye of the Storm | Ron Nechemia In this article, Mr. Ron Nechemia peels back the curtain on the concept of “regulatory arbitrage” and carefully builds a case that the fragmentation of regulation, especially in the United States, contributed to regulatory arbitrage and greater risk taking resulting in the virtual collapse of our capital markets globally and a negative spiraling financial down-turn the world over. Part case study, part history lesson, and part policy paper ultimately the author argues corrective measures must include new, more and better corporate governance to “repair a badly damaged international financial architecture not prepared to deal with evolution of various financial products as we have entered the 21st century.” Published Date: July 5, 2009
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 | Asset Securitization: Revolution, Evolution, Devolution. The Rise and Fall of the Most Important Financial Instrument in Banking | Ron Nechemia Policy makers, financial practitioners and investors will be both intrigued and enlightened about potential remedies for what began as a financial crisis in North America in August 2007 that developed into a global economic meltdown. Readers will be treated to a thoughtful historical account that leads up to the Subprime Lending Crisis that was triggered by the rapid innovation in asset securitization technology which Mr. Ron Nechemia argues is the root cause of contemporary financial market development of the past three decades. Mr. Nechemia traces the success of Asset Securitization back to its introduction in the early 70s and how, “this financial instrument and the various permutations it morphed into during a more than 30-year period enabled the unprecedented growth of capital and financial markets in both the United States and abroad.” Published Date: April 5, 2009 |
 | At the Epicenter:Where the Financial System Meets the Real Economy | Ron Nechemia In May 2008, Mr. Nechemia was interviewed by International Finance Magazine regarding his outlook for the global economy and the world’s financial systems. In the article Mr. Nechemia announced that he saw a systemic financial crisis brewing and warned that in the months to come the United States was likely to face a once-in-a-lifetime financial crisis, an oil shock, sharply declining consumer confidence and, ultimately, a deep recession. He also foretold homeowners defaulting on mortgages, trillions of dollars of mortgage-backed securities unraveling worldwide and the global financial system shuddering to a halt. These developments, Mr. Nechemia suggested, could cripple or destroy hedge funds, investment banks and other major financial institutions like Fannie Mae and Freddie Mac. While some viewed his comments to be overly pessimistic at the time, Mr. Nechemia’s predictions proved accurate in less than half a year Published Date: Feb 10 ,2009
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 | Guard Against the Strong Influence Brought by Subprime Lending Crisis | Ron Nechemia Published in May 2008, Mr Nechemia authored a article for China’s premier financial publication, International Finance Magazine. While unknown at the time, this was the first of what would become a series of articles authored by Mr. Nechemia that examined the then budding and early ripple stages of the worlds worst-to-come financial crisis. The article, Guard Against the Influence Brought by Subprime Landing Crisis, Mr. Nechemia announced that he saw a systemic financial crisis brewing and warned that in the months to come the United States was likely to face a once-in-a-lifetime financial crisis, an oil shock, sharply declining consumer confidence and, ultimately, a deep recession. In that article he also foretold of homeowners defaulting on mortgages, trillions of dollars of mortgage-backed securities unraveling worldwide and the global financial system shuddering to a halt. Published Date: May 16, 2008
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