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Entries tagged "Ben Bernanke"

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Joe Nocera reads 'Since Yesterday'

Joe Nocera's article is the second piece in a week or so in which a Times columnist has tried to ransack the Great Depression for current purposes. In both cases, there's an attempt to create a false equivalence between two economic dislocations. Continue reading

Posted on October 17, 2011 2:26 PM




Transactions: Oct. 3, 2011

The skirmishing over capital, part of the larger debate over the role of 'banks,' or rather finance, in modern, global, liberal democratic economies, mirrors the broader dysfunctions of our gang politics. Continue reading

Posted on October 3, 2011 9:33 AM




Transactions: Oct. 3, 2011

The skirmishing over capital, part of the larger debate over the role of 'banks,' or rather finance, in modern, global, liberal democratic economies, mirrors the broader dysfunctions of our gang politics. Continue reading

Posted on September 30, 2011 1:00 PM




Banks shift tacks on buyout loans

With financings stalling or repricing, lenders shift gears in marketing buyout loans to wary investors. Continue reading

Posted on September 22, 2011 2:17 PM




Riding the bank capital merry-go-round

Again, the banks. What is a big bank? Public or private; a business or a utility? Or is it a kind of hybrid? How essential are big banks to the economy? These are moss-backed questions that have recurred at least since the '30s, but increasingly since 2008. Continue reading

Posted on September 13, 2011 1:24 PM




Nocera on Bair and bailouts

Joe Nocera offers up an exit interview with outgoing FDIC head Sheila Bair in The New York Times magazine, bringing all the nightmarishly tangled issues of 2008 back again. Continue reading

Posted on July 12, 2011 1:32 PM




Transactions: June 27, 2011

It's the season of the carp. It's the age of the gripe, the whine, the flounder on the welcome mat. Timothy Geithner grumps at Europeans over derivatives and blames Brits for "light touch" regulation. The Brits' cranky retort highlights American... Continue reading

Posted on June 24, 2011 2:29 PM




Transactions: June 27, 2011

It's in times like this one — the season of the carp — that one seeks the cool uplift of Walter Lippmann. Continue reading

Posted on June 24, 2011 1:10 PM




The truth about bank capital

I would, if forced to take a stand, vote for higher capital standards for the big banks, though the question is not nearly as clear and straightforward as Joe Nocera makes out in a recent New York Times article. Continue reading

Posted on June 21, 2011 1:02 PM




Politics and the economist as hero

For all their credentials, technical economists tend to be viewed by the political classes as either annoying carpers, overeducated intellectuals without a clue of the real world or comprehensible only as the instrument of some large special interest. Continue reading

Posted on June 13, 2011 2:29 PM




Dimon, Bernanke and what we don't know

We should all be nervous faced with the increasingly obvious reality that our politicians, policy makers and, perhaps most important, our brand-name economists seem to have no idea what's going on out there. Continue reading

Posted on June 8, 2011 12:15 PM




Transactions: May 23, 2011

It's coming. Men in suits. Men with phones. Men in meetings. Timpani please. HBO's "Too Big to Fail," which I would watch if I had HBO, debuts the day this fine publication hits the streets. I have read every page... Continue reading

Posted on May 20, 2011 2:04 PM




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