Tag: too big to manage

nailing naked nonsense

Teaching and research distractions have again kept me from blogging for a while.  I guess my defense is that learning the facts is always an important precursor to writing about them. This morning, however, I decided to divert from class…

taking on the juggernauts

In Britain some fairly bold moves are afoot for addressing the great social, political and economic problem of the ultra large banks. This morning the Independent Commission on Banking (ICB) released its Interim Report, which lays out a range of…

size, subsidiarization and stability

Once again very senior figures are proposing that the scale and structure of very large financial institutions be reconsidered. Nearly every major regulatory leader has raised the question, as have many economists across the political spectrum and in both the…

deutsche bank: uh oh . . .

Der Spiegel has a highly critical article on the US activities of Deutsche Bank, calling the financial behemoth “America’s Foreclosure King.” Vince Veneziani predicts that Deutsche is about to become America’s new Public Enemy #1. I am ordinarily leery of…