Tag Archives: Bailouts
Financial Reform for Dummies

Financial Reform for Dummies

Most of us haven’t a clue about what happens on Wall Street.  We wouldn’t know a “credit swap,” from a “derivative” or a “mortgage pass through” (this last one sounds like it might be painful).  The 1700+ page bill being written in ...Read more

Lessons from Greece: Can Governments Get Too Big Not to Fail?

Lessons from Greece: Can Governments Get Too Big Not to Fail?

Americans should take a good and sustained look at Europe next month.  Germany has  key district elections on May 9, and Greece has $11.4 billion in eurobonds maturing on May 18.  We can learn a lot about politics ...Read more