Category Archives: Main Page

Cyprus bail-in triggers more instability and even deeper recession

Posted on March 25, 2013 by Danielle Park

Brookings Institution’s Domenico Lombardi discusses the questions raised by the Troika-Cyprus bailout deal. Here is a direct link. In all of the hopes for quick fixes, the elephant in the room which is now sitting on the chest of the … Continue reading →

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The history of deposit insurance in America

Posted on March 24, 2013 by Danielle Park

Recent turmoil in Cyprus has focused the world’s attention on the issue of deposit insurance and what portion of bank deposits can or should be held harmless in a bank insolvency. Financial author Roger Lowenstein (When Genius Failed) reminds us … Continue reading →

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Sheila Bair on JP Morgan “whale” hearings

Posted on March 24, 2013 by Danielle Park

The former FDIC chair joins Bill to talk about American banks’ manipulative practices and seeming immunity from real scrutiny or prosecution.Here is a direct link.

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