Sign in
Sign in
Recover your password.
A password will be e-mailed to you.
Browsing Category
Monetary System
Demographics and the Anatomy of International Capital Flows
In a week where the deck of cards that make up the Eurozone got its so far largest jolt and where there is now not only an imminent danger of a total economic collapse in Greece but also, much more worryingly, signs that Germany herself is…
Koo, White, Soros and Akerloff videos from inaugural INET conference
These videos are from the Inaugural Institute of New Economic Thinking (INET) conference in Cambridge. Hat Tip Mark Thoma.
The Central Bank as “Deal of the Last Resort”?
Marshall Auerback here with a report from King’s College, Cambridge, where some of the world’s policy makers and thought leaders are gathered to discuss a new direction for economics. Over the last thirty years, we have steadily moved from…
Citigroup’s Chuck Prince confirms that risky behaviour drives out prudent when risk is…
Former Citigroup CEO Chuck Prince made what could be considered the most infamous statement of this credit crisis when he said: "as long as the music is playing, you've got to get up and dance. We're still dancing." -Citi…
Roach: GD II awaits if China bashing rhetoric turns into protectionism
Stephen Roach is pulling no punches now. After quipping "I think we should take the baseball bat out on Paul Krugman regarding pro-protectionist statements Krugman made earlier this month, Roach has launched a blistering attack on the…
Mauldin: What Does Greece Mean to You?
A post by John Mauldin.
"To trace something unknown back to something known is alleviating, soothing, gratifying and gives moreover a feeling of power. Danger, disquiet, anxiety attend the unknown - the first instinct is to…
Demographics, Housing, And Global Imbalances (Wonkish!)
Most, if not all, of the deficit nations that make up the Bretton Woods II edifice and subsequent global imbalances have seen notable housing and construction bubbles as part of their path towards excess leverage. The demand for housing and…
Chanos: Where are the perp walks?
The New York Observer has a wonderful interview with Jim Chanos out today. In it, he talks about probable fraud and criminality at Lehman. I want to use his comments as a lead-in to a wider discussion about fraud and criminality in…
Lehman chief warns of more big bank failures
Lehman Head Bryan Marsal has warned that Wall Street had not learned its lesson in the credit crisis and that another megabank bankruptcy is likely. Marsal made the remarks while in Berlin for a bankruptcy conference in an interview with…
Lehman Scandal: Where’s the Follow Up?
This is a post which originally appeared at New Deal 2.0 by Eliot Spitzer and Joshua Rosner. Eliot Spitzer is former governor of New York. He blogs for Slate.com. Joshua Rosner is managing director of an independent financial services…