The Great Debate UK

from The Great Debate:

U.S. mouth writing checks its body won’t cash

By J Saft
April 8, 2009

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

A look at credit insurance prices for U.S. banks shows that market thinks the government's mouth is writing checks its body can't or won't cash.

from The Great Debate:

Bankers can’t kick the sporting habit

By Alexander Smith
February 11, 2009

Alex Smith-- Alexander Smith is a Reuters columnist. The opinions expressed are his own --

People are up in arms about bankers receiving bonuses when the banks they worked for have gone down the pan. But isn't it just as shocking that so many state-backed financial firms still subsidize the eye-popping wages of sporting superstars through rich sponsorship deals?

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 The Great Debate:

Nationalization: Terrible but inevitable

By J Saft
January 23, 2009

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

Nationalization of weak banks in Britain and the United States may be preferable to current plans for insurance and soft "bad banks" schemes which risk being swamped by future losses as assets, especially real estate, continue to crater.

from Ask...:

Money, money everywhere …except in your pocket?

December 16, 2008

There's lots of money sloshing around the financial system these days. The Federal Reserve has established a target range of 0-0.25 percent for its key rate, bringing it closer to unconventional action to lift the economy out of a year-long recession.

from The Great Debate:

Banking spins destruction myth: Hoocoodanode?

By J Saft
December 5, 2008

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

Just as every society has a creation myth, banking is now busily writing a destruction myth that seeks to explain and soothe in a world torn to its foundations.

from The Great Debate:

Credit cards unkindest cut for U.S. consumers

By J Saft
December 3, 2008

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

Government intervention or not, banks will be cutting up America's credit cards at an unprecedented rate, with grave implications for the economy and company profits.