Daily Archives: January 7, 2013

New year same story: banks still slipping the noose of meaningful reform

“Over the weekend, global regulators agreed to substantially ease the new Basel III regulations and delay their full implementation by four years. The global liquidity standards were designed to ensure banks had sufficient capital on hand to survive another Lehman-like … Continue reading

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Arbitrage- the movie

I watched the movie Arbitrage on a plane last week and highly recommend it. The script was refreshingly honest about the emotional and moral complexity of the money business, money-worship, and those who feed off it in all of the … Continue reading

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