And now for some good news!
Banks back to business as usual? All these bonuses have to come from somewhere..
There we go again..
Those bankers, and seven figure bonuses.. To retain “talent.” What talent? The talent that got us into this crater??
Government gambles with the banks
The Government plan for the banks is risking a long festering of problems with bad assets, which could stall lending and economic development for a long time to come..
Two different banking crisis
Two different kinds of accounting—fair value and hold to maturity—have created two different kinds of crises. One is almost over. The other is only beginning….
Government bank plan isn’t working
We lost count of how many times we argued that the government’s bank plan is far from the best. In fact, it’s worse, it isn’t working at all..