The Great Debate UK

from The Great Debate:

Let sleeping shadow banking systems lie

By J Saft
March 6, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

Rather than vainly trying to refloat the shadow banking system, the U.S. would be better off grappling with the inevitable ultimate solution -- debt destruction and inflation.

from The Great Debate:

Too many hopes pinned on EU bank

By Paul Taylor
February 24, 2009

paul-taylor-- Paul Taylor is a Reuters columnist. The opinions expressed are his own --

It works more like a sprinkler than a power hose, but the European Investment Bank has a role to play in preventing a financial inferno from sweeping across central and eastern Europe.

from The Great Debate:

Geithner’s hair of the dog plan for banks

By J Saft
February 18, 2009

jimsaftcolumn-- James Saft is a Reuters columnist. The opinions expressed are his own. --

U.S. plans for a public-private fund to buy up toxic assets are likely to amount to a fig leaf with which to hide subsidies to failing banks.

from UK News:

Bankers offer act of contrition

February 10, 2009

In the Middle Ages the four ousted British bankers who brought the Royal Bank of Scotland and HBOS to the brink of collapse would have probably had to endure the public humiliation of sitting in the stocks. 

from The Great Debate:

Play by the rules, close failing banks

By J Saft
February 3, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

Why not just play by the existing rules and rescue the economy, rather than the banks and their foolish shareholders and counterparties?

from The Great Debate:

Credit control will be much more intrusive in future

January 26, 2009

John Kemp Great Debate-- John Kemp is a Reuters columnist. The views expressed are his own --

The international system of bank regulation, epitomised by the Basle II process and the light-touch principles-based regulation of Britain's Financial Services Authority (FSA) has comprehensively failed.

from The Great Debate:

First 100 Days: Fix the banks

January 23, 2009

morici-- Peter Morici is a professor at the University of Maryland School of Business and former Chief Economist at the U.S. International Trade Commission. The views expressed are his own. --

from UK News:

Easing the pain for small businesses

January 14, 2009

The government has unveiled a plan to guarantee up to 20 billion pounds of loans to help small businesses survive the credit crunch.

from The Great Debate:

UK suffers from banks’ Darwinian hibernation

By J Saft
January 7, 2009

James Saft Great Debate -- James Saft is a Reuters columnist. The opinions expressed are his own --

Britain's banks are fulfilling their Darwinian role, to survive, rather than their economic one, to lend, and there is no easy or painless way out.

from Reuters Editors:

And the band played on: covering the economic crisis

December 11, 2008

dean-150I recently visited one of the most frightening sites on the Web—the place where I look at my shrinking retirement account.