Articles by Katherine Heires

N.Y. Regulator Confronts Financial Risks

N.Y. Regulator Confronts Financial Risks

New York regulator Benjamin Lawsky is setting his sights on a variety of insurance and banking issues.

 
Finance Isn’t Science: Why Wall Street’s Models Will Always Have Limitations

Finance Isn’t Science: Why Wall Street’s Models Will Always Have Limitations

Unlike theories that define concepts of physics, financial models are mere approximations of the real world.