Archive for the ‘Bank Management’ Category
Wednesday, July 2nd, 2008
In the June 24th WSJ (“Maybe It’s Time to Put the Banks and the Investment Banks Back Together.”) Dennis Berman forecasts the demise of investment banks. I could not disagree more with his thesis, that transaction-based institutions have become obsolete, since their ratios of risk to anticipated return have ...
Posted in Creative Accounting, Bank Management, When Regulation Goes Wrong | No Comments »
Saturday, May 31st, 2008
Most citizens, we are told, take a cynical view of both Wall Street and Washington. It has given life to the candidacy of Barak Obama, perhaps. Do people of experience with The Street trust Washington to fix the problem? I don’t. I’ll tell you why. We are addressing problems we ...
Posted in Rating Agencies, The Banking Crisis, Bank Management, Polticial Decisions Affecting Banking | No Comments »
Tuesday, May 13th, 2008
It was semi-prophetic the way that the big four Aussie banks announced to the world months ago their robust and healthy capital positions, leaving them well placed to secure the smaller, struggling financials when the sub-prime turmoil ended.
I began to wonder soon after, however, whether this was nothing more ...
Posted in Brad Creighton's View, Australia, Bank Management, Polticial Decisions Affecting Banking | No Comments »
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 »