banks

Apparently, some of the ‘best reforms’ now being instituted in the U.S. to prevent a liquidity crisis in the future include limitations on demand deposits (hat tip Karl Denninger). What financial institutions are trying to prevent is a bank…

In the wake of the most recent Matt Taibbi polemic “Wall Street's Bailout Hustle,” I think the video below about financial fraud is appropriate viewing. I liked the Taibbi piece - although it certainly had a certain over-the-top gonzo feel…

As I am still away for the week, you have seen a lot of posts from others. I do still have a lot of links though, and may do two (or three) for today. Here is the first batch.  Enjoy! Edward Irony: Greek Banks Aren't the Most Exposed…

Source Banking Compensation – St. Louis Fed

There are a lot of interlocking threads in the Greek saga. One consistent theme that ties all of the different threads together is the fragility of complex systems. In our globalized and complex world of finance and banking, every major…

President Obama made a couple of comments in an interview with Bloomberg BusinessWeek that, while potentially true, point yet again to someone out of touch with populist rage in America.  It seems that Obama is still courting big…

“We shall be as a city upon a hill. The eyes of all people are upon us.” --John Winthrop Joe Biden is buying none of this America-as-an-empire-in-terminal-decline meme.  The Washington Post’s E.J. Dionne caught up with the Vice…

For your amusement as well as your understanding of critical banking and finance reform issues. The funny thing about Colbert and Jon Stewart, his partner in crime at Comedy Central, is that they have a certain bread and circus appeal to…

This is a post which was originally published at A Fistful of Euros. José Luis Rodríguez Zapatero, Spain’s prime minister, said in Davos this week: “We are a serious country and we will fulfil our promises.” With these…

Paul Volcker is testifying before the Senate Banking Committee today on financial regulatory reform. Recently, the Obama introduced reform proposals inspired by Volcker and now being dubbed The Volcker Rule. The Wall Street Journal has…