Insights, organized by the work.

What the Iran Conflict Taught Business Leaders

The February 2026 US-Israel operation, read through Kagan, Kissinger, Toll & Ferguson. What it teaches business leaders about diplomacy, decision speed & institutional resilience.

What a Mathematician, an Aerospace Engineer, and a Mechanical Engineer Taught Me About Governing AI

Lessons from a mathematician, an aerospace engineer & a mechanical engineer on governing what you cannot fully understand, & the posture bank directors need toward AI oversight.

Postulate for Global Finance and Geopolitics in 2026

Large dislocations in currency, credit, sovereign debt & digital-asset markets are rarely driven by the scale of an attacker. A 2026 postulate on structural vulnerability & how to assess stability.

General

The Administrative Load: When Systems Drift Away from Value

Healthcare & finance keep adding layers of intermediation between payment & value. A systems view of why complexity accumulates, when it stops serving purpose, & what resilience through alignment looks like.

Risk & Compliance

Three Crises. One Pattern. And We're Watching It Again.

Three credit dislocations across four decades, Texas energy & real estate, the dotcom IPO boom, and today's private-credit market, share one behavioral sequence. Why this one looks familiar.

The Agentic Trap: Reading Between the Lines of Deloitte's AI Report

Deloitte's 2026 State of AI report reads as inevitable growth. An operator's view of the implementation risk beneath the optimism, from a 40% agentic failure rate to the governance banks need before decisions run autonomously.

Regulatory & Remediation

A Shift Toward Greater Flexibility with Changes to Leveraged Lending Regulatory Guidance

The OCC & FDIC rescinded the 2013 Interagency Guidance on Leveraged Lending on December 5, 2025. What the move to principles-based supervision means for bank participation, private credit & internal risk governance.

Key Insights from Apollo's 2026 Outlook

Apollo's 2026 outlook read for financial services: a resilient US economy, a brief stagflationary slowdown, then AI-driven reacceleration, with the consumer-stress, policy & private-markets signals that matter for banks & investors.

The $2.9 Trillion Bet

How the $2.9 trillion AI data-center buildout is reshaping global capital, construction & the communities absorbing it, and where the $800 billion private-credit opportunity sits.

Stablecoin Use Cases

The GENIUS Act put guardrails on stablecoin issuance in July 2025. Four use cases for banks, and an honest look at where existing payment rails still hold the advantage.

Liquidity in 2025: A Shifting Landscape for Banks

Deposits are more volatile, more concentrated, and more rate-sensitive than at any point since the 1980s. What examiners now expect on ratios, stress testing, intraday readiness, and collateral.