London Banker
Tuesday, 7 February 2012
Greece - Cutting out the Middle Man
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It seems that central bankers and politicians are endlessly resourceful when it comes to innovating ways to profit themselves and bankers at...
17 comments:
Sunday, 22 January 2012
Hell, Handbaskets and Hellenic Default
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Regardless of what the IIF and the Greek government may announce, Greece is heading inevitably for a destabilising default to some or all of...
10 comments:
Saturday, 21 January 2012
Survivor Bias and TBTF Tyranny
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It's time to write again about insolvency, as the MF Global failure and the Greek debacle raise new troubling concerns. As I wrote in ...
9 comments:
Tuesday, 13 December 2011
Banks are lawless dictators? Whose side are the police on?
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First, hat tip to Barry Ritholtz for the articles linked here. I read two of the articles, written on opposite sides of the planet, one af...
33 comments:
Thursday, 8 December 2011
Why I oppose Financial Stability
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Financial Stability became a topic in the late 1990s, at a time of peak laxity in international financial supervision. The same minds which...
30 comments:
Wednesday, 12 October 2011
Anomie Watch: EFSF and bailout lawlessness
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Anomie literally means lawlessness. Although banks are burdened with many, many rules, they are seldom obeyed and largely unenforceable ag...
8 comments:
Monday, 10 October 2011
Dexia, Mafia and Revolution
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I knew I had seen the script we're living somewhere : What I am saying is, we have now what we have always needed, real partnership...
35 comments:
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