October 5, 2009

Paul Tucker: “If banking sees that in systemic crises the banking industry would have to pick up the bill, I would like to think that would change incentives and behaviour.” – Telegraph

Tony Jackson: “If you are investing in Karachi, you need to know the motivation of the locals you are competing with.” – FT

Simon Johnson: “Would someone from the NY Fed kindly explain the precise nature of the waiver that has been granted to Goldman so that it can operate in this fashion? ” – Baseline Scenario

The mysterious investor who is turning the tin market on its head – Telegraph

Goldman to be paid $1 billion if CIT fails – FT

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