Bankers’ bonuses and unlimited liability
byOn the 29th of February, Conservative MP Steve Baker tabled a 10 minute rule bill on bankers’ bonuses. In it he proposes that directors…
Moral Hazard
The 2012 Baker Bill: a programme to end financial crises
byEarlier today Conservative Steve Baker MP put forward a Private Member’s Bill, the Financial Institutions (Reform) Bill, which outlines a programme of radical reforms…
Speech on the Financial Services Bill
byUnder the heading, Osborne looks to limit damage of ‘credit busts’, the FT gives a neat summary of the Chancellor’s plans. In particular: He…
Greg Mankiw Ponders Greenspan’s Paper the Crisis and Considers 100% Reserves
byWe are grateful to Robert Arbon for pointing out this article on Greg Mankiw’s Blog: I just returned from the spring meeting of the…