Gillian Tett

Gillian Tett makes a good point in today's FT about the clear benefits of a systemic solution to crisis. Where the UK policy makers were bumbling along until today, they have taken the problem firmly in hand, finally recognizing the…

I am going to do this round-up of news early because the news cycle is very fast. Top billing today is the WaMu bankruptcy and asset seizure by the FDIC and immediate asset purchase by JP Morgan Chase. Please see my synopsis here.There is…

I just watched a great clip of an interview Jim Chanos, the famous head of hedge fund Kynikos Associates, did with the FT's Gillian Tett (Hat tip FT Alphaville). Chanos does a very good job of arguing hat short sellers are being unfairly…

The Wall Street Journal has a good piece from Yuka Hayashi about lessons that can be learned from Japan's experiences with its bank crisis in the 1990s. While I do take issue with a number of the article's assertions, on the whole it sheds…

Ben Bernanke claims to be an expert student of the Great Depression and its causes. Therefore, many feel comforted that he knows what to do should in order to avert a repeat of 1929. But does he know how to prevent a repeat of the Japanese…