Global Financial System: Dangerous and Dysfunctional
Posted by Larry Doyle on September 20th, 2013 8:55 AM |
I truly appreciate reading the work and gaining the wisdom of those with informed insights and opinions.
Where do I always find people of this ilk? At one of my favorite stops while navigating the economic landscape: Project Syndicate.
While various and sundry lapdogs from both sides of the political aisle and others well-schooled in the inner workings of the Wall Street-Washington incestuous thoroughfare are touting how our financial system has been reformed, let’s go down a less traveled path and see what a noted observer has to say on this topic. (more…)
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Did We Waste The Crisis? Is the Pope Catholic?
Posted by Larry Doyle on August 13th, 2013 8:16 AM |
Well, here we sit almost 5 years later. Is there any doubt that in terms of utilizing the crisis to implement the necessary meaningful financial regulatory and structural reforms, we have, in fact, wasted this crisis? Come on, do we even have to ask?
Adam Davidson of The New York Times would seem to believe the same as he wrote the following in a recent commentary: (more…)
Tags: Anat Admati, bank leverage, banks borrow too much, Charles Calomiris, Did We Waste a Crisis Adam Davidson, did we waste the crisis, Dodd-Frank financial regulatory reform, financial regulatory reform, government rules are too confusing, is the Pope Catholic, Rahm Emanuel, Rahm Emanuel comment about crisis, the public has been misled, you never want a serious crisis to go to waste
Posted in financial crisis, General, Wall Street Washington Incest | 3 Comments »