Reinstating an Old Rule Is Not a Cure for Crisis - New York Times
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 New York Times | Reinstating an Old Rule Is Not a Cure for Crisis New York Times While the repeal of Glass-Steagall has seemingly become the sine qua non of the financial crisis, it is pure historical revisionism. Before we go any further on this topic — which is likely to incite heated debate — let me stipulate at the outset ... |
Published on Tuesday 22nd of May 2012 01:18:45 AM
Why a Banker Thinks Wall Street Should Be Regulated - Huffington Post (blog)
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Why a Banker Thinks Wall Street Should Be Regulated Huffington Post (blog) In fact, during the Congressional hearings on the subprime crisis, there was a pivotal moment when Lloyd Blankfein, the CEO of Goldman Sachs, told the committee in no uncertain terms that the bank's actions that eventually played into the market ... |
Published on Tuesday 22nd of May 2012 01:18:45 AM
To QE Or Not To QE, That Is The Question - Seeking Alpha
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To QE Or Not To QE, That Is The Question Seeking Alpha Central banks have worn two distinct hats since subprime first began to topple in 2007. In the early stages of the crisis they focused on the proper "functioning" of financial markets by injecting liquidity and being a lender of last resort to certain ... |
Published on Tuesday 22nd of May 2012 01:18:45 AM
BOOK REVIEW: High stakes economics and how it impacts our lives - ABA Banking Journal
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 ABA Banking Journal | BOOK REVIEW: High stakes economics and how it impacts our lives ABA Banking Journal To illustrate, the author notes that at the origin of the subprime mortgage mortgage crisis in 2007, Japanese analysts found that stocks on the Tokyo market were collapsing in lockstep with the US mortgage market. The linkage existed because investors ... |
Published on Tuesday 22nd of May 2012 01:18:45 AM
Transcript: MMT Summit 2012 A Debate on How to Get Out of the Euro - Bay Area Indymedia
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Transcript: MMT Summit 2012 A Debate on How to Get Out of the Euro Bay Area Indymedia These are the same organisations, that were calling toxic subprime mortgages 'AAA' as recently as 2007. [Applause] I think even Mr. Berlusconi has more credibility than the credit rating agencies. (c. 6:30) “Now, we would all stress that it's very ... |
Published on Tuesday 22nd of May 2012 01:18:45 AM
Minneapolis woman foreclosed upon, but soldiering on - Minneapolis Star Tribune
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Minneapolis woman foreclosed upon, but soldiering on Minneapolis Star Tribune Monique White of Minneapolis, who fell behind on her mortgage when she hit a rough patch, has become a key figure in the anti-foreclosure movement. Monique White cleaned the kitchen sink at home Tuesday in Minneapolis. With her home in foreclosure, ... |
Published on Tuesday 22nd of May 2012 01:18:45 AM
DECKER: 5 Questions with BB&T's John Allison - Washington Times
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 Washington Times | DECKER: 5 Questions with BB&T's John Allison Washington Times Decker: Banks are used as whipping boys to impute blame for the collapse of the housing market, but government played a central role in the mortgage crisis. Can you explain how Washington intervention manipulated the market with such disastrous results ... |
Published on Tuesday 22nd of May 2012 01:18:45 AM
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