Greg Nini (@GregNini) header
Greg Nini (@GregNini) profile picture

Financial economist | Professor @LeBow, @DrexelUniv | Former Fed economist | Hoping to continue educating myself and others

Philadelphia, PA
Joined February 2014
Photo by Greg Nini (@GregNini)Photo by Greg Nini (@GregNini)Photo by Greg Nini (@GregNini)Photo by Greg Nini (@GregNini)Photo by Greg Nini (@GregNini)Photo by Greg Nini (@GregNini)
rodneywhitecenter.wharton.up… Luke Taylor, Stephen Terry, and I are doing it again. This will be the 5th structural summer school in finance. We do not just teach papers. We teach techniques, and then we have students work on a problem set. Please get your students to apply.
3
44
3
141
25,325
Greg Nini retweeted
In the midst of several global banks announcing stock buyback programs, learn more from @GregNini, PhD, professor of finance, about what buybacks are, how they work, and other options for excess profits. ow.ly/OubZ50TOwCy
2
2
223
Paper with @GregNini on the loan primary market's reaction to dropdown and uptier transactions is now in print. Thanks to editors and referees at Journal of Legal Studies: journals.uchicago.edu/toc/jl…
3
19
1,509
MFA has emerged as an excellent conference over the last decade due to more than one person - even if Hengjie is pretty great! Credit to Jon Garfinkel, Gordon Phillips, Prabhala, and all the others before them who have devoted so much time to the organization.
Several people at the MFA talking about how good this conference has gotten. I hear this is Hengjie Ai’s doing. Is that right?
2
2
36
5,282
Conference Announcement: We will host the second annual Harvard-Wharton Insolvency & Restructuring Conference for academic works-in-progress in debt, restructuring and bankruptcy on September 20-21, 2024. hls.harvard.edu/harvard-whar… Hope to see some of you there!
11
1
30
6,119
Come learn about others' (and share your?) work on corporate financial distress and restructuring.
2
15
2,127
1/8 It's official. The US gvt in analysis of the costs and benefits of any new regulation will now use long-run discount rates as low as 1.1%. All proposed regulation the Administration says has high costs today but high benefits in the future just got a BIG, unjusified boost.
10
48
17
192
65,751
I am excited about this collaboration with the FRA conference. I hope it attracts new, innovative papers on new topics to the @J_Fin_Economics. Really looking forward to the submissions!
🎺🎺 Save the date. The Financial Research Association has opened its submission portal for 2023 conference submissions (fraconference.com/). 🎺🎺 New this year: FRA has a dual submission with @J_Fin_Economics. Details in 🧵 Please RT and tell your colleagues!
9
54
12,732
While not *brand* new - tbc, it's current - for the #restructuring & #bankruptcy folks looking to dive deep into drop-downs, uptiers & the evolving world of liability management transactions, simply fabulous paper from @vsjbuccola & @GregNini papers.ssrn.com/sol3/papers.…
2
3
472
U.S. lawmakers are racing to reach a deal on the country’s debt limit before a potential default which could happen in a matter of days. @Laurenjmayk has the latest on the negotiations and the potential impact on Americans if a deal isn’t reached. on.nbc10.com/FmOk5le
2
1
1
4,130
Has the FDIC ever sold a failed bank in an LBO? JPM buys ~$60B in equity value (~$180B assets, ~$120B liabilities) using $10B cash and $50B loan from FDIC.
1
4
512
Structure keeps "new FRC" leverage similar to other banks. Plus no doubt the terms of the new debt are better than the FRC corporate debt and preferred stock that JPM isn't assuming.
186
My team is looking for a part time (remote) RA with some experience analyzing electricity price data for a project on state retail electricity prices. Best fit would be a doctoral student working on energy economics with electricity market interest. DM me if interested.
1
7
12
3,338
1 month t-bill yield currently 130bps (!!!) below the 3 month. Similarly 1 month t-bill yield is way below 1 month commercial paper and sofr. Wild! Possible explanations?
6
4
2
27
9,788
New @JCorpFin Special Issue Call for Papers on.... Non-Significant Results! Pull those important but hard to publish papers out of your desk drawer. @Ringgenberg_M is ready to help them see the light of day. sciencedirect.com/journal/jo… Very excited for this issue! Please RT!
40
5
88
15,443
Re bank accounting and unrealized losses: 1. As many have noted, banks are sitting on big unrealized losses on loans and securities. They don’t appear on the balance sheet because loans and securities are held at book value and not marked to market. How worried should we be?
14
101
27
323
202,377
Deploying lots of leverage is more palatable when combined with with slow or no mark-to-market. Private Equity is one example. Banks are another example. SVB was running a $ 117 bn. bond portfolio, and only marking $26 bn. of it to market, with only $15 bn in capital.
5
26
5
92
52,052
Reminder: The @JCorpFin Special Issue Conference on Ownership and Sustainable Policies deadline is in a few weeks. Submit and join Ken Lehn, Dave Denis, Belen Villalonga and more in beautiful Helsinki right after the EFA meeting. -Please RT! hanken.fi/en/departments-and…
5
1
12
3,613