Monthly Archives: July 2012

The reasonable thing may be to eventually break them up

Big banks may simply be too big and unwieldy that anyone could hope to manage them adequately. Continue reading

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Why does what works in Ireland not seem to work in Spain?

The swift success of the Irish reform measures has a lot to do with the lesser degree of hostility that the Irish public has towards free-market ideas and concepts. Compare that to the situation in Southern Europe. Continue reading

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An amazing inadequacy in the architecture of financial markets

The Bank of England was quite aware of the flaws that go into the Libor-rate fixing process but didn’t deem them relevant enough to go front-page with their scepticism towards that supposedly all important indicator. Continue reading

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