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Deregulating insider trading is a Faustian bargain greater price accuracy at the risk of lesser liquidity, fairness, and managerial integrity but we should be more willing to accept the bargain with respect to insolvent firms than solvent ones.
Small cap stocks may not seem like a solid investment during times of turmoil, due to their possible volatility and lesser liquidity than large caps.
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For instance, Jack Mann, who runs a $1 billion CBO at the Carlyle Group, a Washington, D.C.-based buyout shop, says he can reap a hefty liquidity premium by buying smaller deals from lesser-known issuers.
From the very beginning of the Lesser Depression, the central principle for understanding macroeconomic policy has been that everything is different when you're in a liquidity trap.
Banks provide liquidity".
Liquidity has dried up.
Liquidity dried up.
Anything else is lesser".
Dr. Lesser asked.
Capital and Liquidity.
Liquidity is improving.
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