bank reform

Extreme or Not Extreme?

by on January 7, 2016

That is the question.

A friend of mine pointed me to Thomas Friedman's latest effort in the New York Times. It's too long for me [more…]

Too Big To Prosecute?

by on December 12, 2013

Add another advantage to being a big business: apparently you're too big to prosecute. I came across an article in the New York Time's DealBook [more…]

There They Go Again

by on September 26, 2013

Are you tired? I'm tired. Our national dysfunction is sucking the energy out of everything. And here they go again.

There have been a flurry [more…]

The Shiller Hedge

by on September 25, 2013

One of the reasons economists can be really annoying is that they always hedge. Or rather the more ethical, sober, and diligent ones do. This [more…]

Parbuckle Policy?

by on September 17, 2013

For those of you buried in your debt debacle, government shutdown, defund Obamacare bunker allow me to offer you an insight into effective activity: the [more…]

Oh, Those Crazy Mega-Banks

by on March 18, 2013

Oh dear. I managed to avoid talking about banks for quite a while. It seems time to revisit our favorite villains. They're up to no [more…]

Geithner’s Poor Legacy

by on January 30, 2013

It's my turn to comment on Tim Geithner's unfortunate legacy at the Treasury Department.

I think that, by and large, that legacy has to be [more…]

Finance [non] Reform

by on January 17, 2013

A few of you wonder why I think that Obama's finance reform [aka Dodd-Frank] was a dud when the banks are always bitching about it.

[more…]

Sandy Weill Said What?

by on July 25, 2012

I must be getting old. Too old to understand English anymore. Sandy Weill, architect of Citibank's ill advised growth, and long time advocate of the [more…]

Break Up The Banks. Please.

by on July 9, 2012

How do I say this delicately?

The banking system, and in particular the biggest banks, were central players in the development of the crisis; they [more…]