systemic risk

When Jim Cramer says a business is in a strong position, it's time to worry. I wrote about GE Capital just the other day. When last we checked, they were using their nominal bank status to collect bank bailout money -- but avoid the same Read more...
Prometheus 6: It doesn't take much to make me happy Bay Area Houston: Take a shotgun to a hearing in the Texas Capitol Matthew Yglesias: The Battle Read more...
The acid test for me will be: What does Elizabeth Warren think? It's probably a good idea because the story quotes a "senior administration" as expr Read more...
The New Yorker has a great profile of Sheila Bair, the populist Republican who's at the helm of the FDIC. (h/t Riverdaughter) As you may already kn Read more...
I'm not too optimistic about this improving matters. How can you ever foresee every potential conflict when they're all in bed with each other? Break Read more...

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[media id=7531] Well, it just gets more and more interesting as it unravels, doesn't it? Seems to me we shouldn't allow companies to get big enough t Read more...
Brad DeLong: A century ago we had banks. They created systemic risk. We decided to regulate them in order to limit the systemic risk they could create Read more...