Category Archives: Banks
After the Forbes Assange interview, Bank Of America set out to prepare for the damage. NYT: Since then, a team of 15 to 20 top Bank of America officials, led by the chief risk officer, Bruce R. Thompson, has been … Continue reading
This got me thinking: Lobbyists and committee staffers expected that the amendment — which would mandate that banks essentially could not lend out or invest more than 12 dollars for every dollar they keep in reserve — would only get … Continue reading
h/t The Big Picture: Good Bank, Bad Bank by Dr. Suess I’m joining the Krugman chorus. At this point, it’s time to nationalize the insolvent banks, sell off their assets, and let the market heal itself.