deposit guarantee

I have been a bit on edge of late because of the credit crisis that is making headlines. Recently, a lot of people have been duped into believing that the economic crisis we are experiencing is not critical and have their eyes focused…

Below is an article I wrote that appears in this morning's Guardian Newspaper in the UK. The crux of the article is that European politicians need to realise that their banks are not immune from the crisis that has hit the United States and…

Update: While the Irish were following the Swedish script, it became clear to me shortly after I wrote this that the bank debt guarantees were not a good idea. This post from Willem Buiter explains it best.  Along with American and…