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Investors have lived through a steady stream of financial mischief in recent years.
So does the endless stream of financial news on all-day television programs.
There is also a steady stream of financial scandals like the insider trading investigations or the controversy surrounding Libor, the global benchmark interest rate.
There are now more than 315,000 Bloomberg terminal subscribers worldwide who rely on the desktop computer for research, trading, communication and a constant stream of financial information and news.
The last decade has seen a steady stream of financial scandals and crises: mortgage frauds, insider trading, the illegal fixing of global interest rates, money laundering, and the rigging of the Treasury bond market.
The first stream of financial network research adopted economics perspective and focused on network-level problems like systemic risk management.
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"The discounted future profit streams of financial institutions went from quite something to almost nothing in an instant," says Andy Haldane, head of financial stability at the Bank of England.Banks recognise this as much as regulators do.
In the paper, the authors contend that new streams of financial data — aggregated, properly encrypted and then analyzed — could give strong clues to hidden risk bombs in the system, like the institutions that touched off the crisis in the fall of 2008, Lehman Brothers and the American International Group.
There are mainly two streams of financial network research on banking systemic risk.
Nowadays companies still rely on these streams of financial and consumer information, even as they pull back on hardware and systems purchases.
"Attempts to dissuade Colombia from using these authorities -- especially by threatening unrelated streams of financial support -- would be inconsistent with the goals of these agreements and would signal that the United States is not committed to living up to the standards of our free trade agreements when it does not suit corporate interests," Brown wrote.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com