Banking System Reform: Will the Regulators Do it in Four Years, Or Will the Market Do It in Four Days?
Thursday, October 18th, 2007the-next-selloff.doc Two events over the past week lead me to believe we should expect a second bank share sell-off following the August disaster, along with a possible second, larger, rescue package from the Federal Reserve. The first event is the visible but completely unsatisfying joint announcement of three large American banks, ...