Archive for April, 2008
Sunday, April 6th, 2008
Secretary of the Treasury Hank Paulson, speaking on March 26th, began to reveal the details of coming regulatory reform. Two factors stand out. First, the regulatory apparatus will be made simpler, probably involving the Federal Reserve swallowing The Comptroller of the Currency and The FDIC and perhaps assuming some of ...
Posted in Markets and Regulation, Bank Management, Polticial Decisions Affecting Banking | No Comments »
Sunday, April 6th, 2008
Time to talk about what the Feds are going to do about this crisis. The New York Times, that reliable barometer of what the liberal elite would like to do, has opined. No reason, then, for each of us not to put in our two cents. That’s the joy of ...
Posted in Games Bankers Play, Bank Management, Polticial Decisions Affecting Banking | No Comments »
Sunday, April 6th, 2008
It happens every eight years. After watching eight years of the last President, I have inevitably, as always, resolved never to vote for another politician. You can’t trust them; they do whatever will get them and their party through the next election; they say what they don’t mean; they mean ...
Posted in Polticial Decisions Affecting Banking | No Comments »