FT.com / Martin Wolf – Why narrow banking alone is not the finance solution
byFT columnist Martin Wolf considers narrow banking and 100% reserves. The FT has a new series on the future of investment. But what, I…
Bail out
The Superhighway to Serfdom
byBy kind permission of Sean Corrigan, we make available the September edition of his Resource Ruminations “Superhighway to Serfdom”: “The danger of modern liberty…
Now it’s looking like V for victory over recession – Times Online
byResponding to an article in The Times, Steven Baker indicates the origins of our views on the economic situation and its causes, of our…
Bailing out the Banks – Glaring Evidence of Moral Hazard
byGordon Kerr, a banker with expertise in derivatives and foreign exchange, explores the evidence of moral hazard in the bank bail outs. By rescuing…
Where next for the economy?
byVia Entering the Greatest Depression in History by Andrew Gavin Marshall, indications of the possible path of the global economy: Entering the Greatest Depression…
FT.com – Lloyds reports first-half loss of £4bn
byVia FT.com / Companies / UK companies – Lloyds reports first-half loss of £4bn: Lloyds Banking Group on Wednesday said that the deteriorating state…
FT.com — “Wall St profits from Fed role”
byPrompted by an FT article on banks’ excess profits arising from quantitative easing, entrepreneur and economist Toby Baxendale explains how QE widens wealth inequality…
US Economy: Even Hank Paulson’s bail-out plan cannot detox global banking – Telegraph
byVia US Economy: Even Hank Paulson’s bail-out plan cannot detox global banking – Telegraph: Even if Congress backs the Paulson bail-out, the $700 billion blast…