News Links 02/15/2012

By Edward Harrison On Feb 15, 2012

Germany’s patience pays dividends

tags: germany china trade
What’s bad for JP Morgan isn’t bad for America | Felix Salmon

I’d recommend that you at least glance at the Occupy the SEC letter about the Volcker Rule before attempting to digest Andrew Ross Sorkin’s column on the same subject today. I’m with Volcker here. And the fallacy in Sorkin’s thinking is easy to see: he’s essentially eliding big banks, on the one hand, with the broad economy, on the other. Yes, Sorkin is right that the Volcker Rule comes with “significant costs”. But there’s a difference between costs to a handful of banks, and costs to the economy.

tags: regulatory-capture banks corporatism

Posted from Diigo. The rest of my favorite links are here.

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

The political economy of a Greek default (and euro zone exit)

Europe Still Dominates the Headlines

1 Comment

Dave Holden says 12 years ago

Austerity fails, yet we’re too shy to think outside the box https://www.guardian.co.uk/commentisfree/2012/feb/14/austerity-fails-shy-think-outside-box

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