Mervyn King

The View From the Rooftops

Mitch Feierstein | Posted 05.07.2012

Read More: Fed, Romney 2012, Romney Campaign, Politics News, Romney 500, Porn Approval Rating, Unemployment, Health Care Reform Approval Rating, May Jobs Report, Congress Approval Rating, Business News, Congress Approval, Polygamy Approval Rating, Jobs Report, Romney Jobs, Porn, Hcr, Ecb, Jobless Rate, Individual Mandate Approval Rating, Mervyn King, Business News
Mitch Feierstein

Shareholders need to take a hit. That way, the ground will be cleared for better managed companies and stockholders will be reminded about the responsibilities of ownership. And central bankers should take responsibility too.

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Snow Use Being Unhappy

Nick Abbot | Posted 02.09.2012

Read More: Russia, Mervyn King, Cup-Cakes, Economy, War, Disaster, Bankers, Euro 2012, Happiness, Cocaine, UK Comedy News
Nick Abbot

You might think that the government spending two million pounds of the public's money on finding out whether we are happy would make us all sad but you would be wrong.

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Simon Johnson: Fear Companies Lurking In Dark Financial Shadows

Bloomberg | Simon Johnson | Posted 07.16.2011

Read More: Treasury Department, Derivatives, Derivatives Reform, Derivatives Regulation, Glencore, Commodities Trading, Marc Rich, Mervyn King, Goldman Sachs, JPMorgan Chase, Bank of England, Wall Street, Hedge Funds, Lehman Brothers, Private Equity Firms, John-Parsons, Financial Crisis, Glencore International Ag, Simon Johnson, Citigroup, Business News

On the face of it, Glencore International AG doesn't look too scary. With about $80 billion in assets, the Swiss-based commodities trader is a lightwe...

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Simon Johnson:The 'Too Big To Fail' Battle Heats Up In Europe

nytimes.com | SIMON JOHNSON | Posted 05.25.2011

Read More: Mervyn King, Financial Reform, Too Big to Fail, Financial Crisis, Banks, Resolution Authority, Eu, Europe, Simon Johnson, Financial Regulation, Business News

Just when it seemed that the debate over banking was winding down -- with overwhelming victories on almost all dimensions for the people who run the w...

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What We Can Learn From Central Banks About Managing Our Wealth

Gemma Godfrey | Posted 05.25.2011

Read More: Turkey, Stan Fischer, Bank of Israel, Trade, Wealth, China, Brazil, Wars, Sovereign Bonds, Emerging Markets, Mervyn King, Interest Rate, Davos, Money, Bank of Canada, Inflation, Tax, Central Bank, g20, Insight, Protectionism, Currency, Investment, Gemma Godfrey, Recovery, Economy, Business News
Gemma Godfrey

These trade wars are turning into foreign exchange market turbulence. So what are these so-called "currency wars"? And what can we learn from them?

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What Goldman Sachs Failed To Acknowledge

New York Times | Simon Johnson | Posted 05.25.2011

Read More: Mervyn King, Goldman Business Standards Committee, Goldman Sachs, Simon Johnson, Megabanks, Goldman Report, Goldman Equity, Business News

To great fanfare, this week Goldman Sachs introduced the report of its business standards committee, which makes recommendations regarding changes for...

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William Alden

Goldman: New Banks Rules Will Hurt 'Small' Corporations

HuffingtonPost.com | William Alden | Posted 05.25.2011

Read More: Vikram Pandit, Mervyn King, Goldman Sachs, Corporations, Economic Crisis, Business News, Basel III, Capital Requirements, Business News

Requirements that banks hold more cash to prevent against economic downturns won't just hurt the banks themselves, but also the companies they lend to...

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Mervyn King Has It Right -- Our Financial System Is the Worst

Laurence J. Kotlikoff | Posted 05.25.2011

Read More: Mervyn King, Banking Reform, Bank of England, Global Financial Crisis, Limited Purpose Banking, Financial Reform, Business News
Laurence J. Kotlikoff

We have the worst possible banking system because it is built on two pillars of straw -- proprietary information and leverage.

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William Alden

Basel Won't Prevent Another Financial Crisis, Mervyn King Says

HuffingtonPost.com | William Alden | Posted 05.25.2011

Read More: Vikram Pandit, Mervyn King, Bank of England, Nassim Taleb, Basel III, Capital Requirements, Citigroup, Business News

Mervyn King, governor of the Bank of England, criticized the recent Basel III requirements, which increase the minimum amount of capital that banks mu...

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Nouriel Roubini: 'Too Big To Fail' Revisited

forbes.com | Nouriel Roubini | Posted 05.25.2011

Read More: Mervyn King, Nouriel Roubini, Financial Reform, Too Big to Fail, Banks, Financial Crisis, Alan Greenspan, Paul Volcker, g20, Financial Regulation, Glass-Steagall, Business News

Although the G-20 finance ministers pledged stronger prudential regulation and financial oversight of systemically important firms at their September ...

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Shahien Nasiripour

Wall Street Journal Supports Break-Up Of Big Banks

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: John S. Reed, Mervyn King, Larry Summers, Financial Crisis, Ben Bernanke, Timothy Geithner, Wall Street Journal, Paul Volcker, Glass-Steagall, Business News

Add the Wall Street Journal editorial board -- of all people -- to the growing ranks of those calling for a restoration of barriers between commercial...

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Shahien Nasiripour

Fed Chairman Blames Banks For Continued High Unemployment

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Ben Bernake, Too Big to Fail, John Reed, Paul Volcker, Mervyn King, Bank Lending, Tbtf, Paul Kanjorski, Bailout, Banks, Financial Crisis, Ben Bernanke, Glass-Steagall, Business News

Federal Reserve Chairman Ben Bernanke on Monday blamed banks for slowing the recovery and keeping unemployment high. Despite hundreds of billions i...

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Doesn't Anybody Have Any Doubts About How We're Doing This?

Michael Wolff | Posted 05.25.2011

Read More: Gordon Brown, Mervyn King, Keynesian Economics, Britain, Government Bailout, Economic Stimulus Package, Spending, Business News
Michael Wolff

Who is going to play Mervyn King in America -- who'll play the prudent voice of reason? Not the obstructionist Republicans who long ago got disqualified from reasonableness.

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Bank Of England To Pump $20.6 Billion Into Money Markets To Offset U.S. Credit Crunch

AFP | Roland Jackson | Posted 05.25.2011

Read More: Mervyn King, Bank of England, Subprime Mortgages, Subprime Mortgage Crisis, Business News

The Bank of England said Thursday it would pump 10 billion pounds (13.9 billion euros, 20.6 billion dollars) into money markets amid the ongoing credi...

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