The Great Debate

Big banks aren’t bad banks

By Mark Williams
February 2, 2010

— Mark T. Williams, a former Federal Reserve Bank examiner who teaches finance at Boston University School of Management, is the author of the soon to be published “Uncontrolled Risk” about the fall of Lehman Brothers. The views expressed are his own. –

from The Great Debate UK:

Glass-Steagall Lite, brewed by Volcker, served by Obama

January 25, 2010

Laurence Copeland

- Laurence Copeland is a professor of finance at Cardiff University Business School and a co-author of “Verdict on the Crash” published by the Institute of Economic Affairs. The opinions expressed are his own. -

Banks’ exposure to the Obama Plan

January 25, 2010

President Barack Obama’s proposals to ban banks from proprietary trading unrelated to serving their customers will have a very uneven impact on the sector.

Obama bank plan is good policy, good politics

January 22, 2010

– John Kemp is a Reuters columnist. The views expressed are his own –

President Barack Obama’s proposed curbs on bank size and proprietary risk-taking will be criticised for being vague, hard to implement, and focusing on issues that were only part of the cause of the recent crisis.

Fed’s wondrous printing press profits

January 14, 2010

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– James Saft is a Reuters columnist. The opinions expressed are is own. –

Now finally we see what it takes to be a profitable bank with no capital worries and secure funding: own a printing press.

In praise of smaller banks, less volatility

December 17, 2009

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

If we want a world with safer banks, we need to be prepared for the consequences; lower growth over a painful medium term but the promise of making it up over the long run as we suffer less devastating financial blowups.

Easier jawboning banks than leery borrowers

December 15, 2009

(James Saft is a Reuters columnist. The opinions expressed are his own)

Jawbone all you like, but we are in a private sector de-leveraging, and bank lending and demand will remain weak, making interest rates unlikely to rise any time soon.

UK bonus tax both cynical and justified

December 10, 2009

(James Saft is a Reuters columnist. The opinions expressed are his own)

A cynical election maneuver it may well be, but Britain’s plan to impose a punitive tax on bonus payments is also reasonably well crafted and in broad terms justified.

from The Great Debate UK:

When firms “Too Big to Fail” fall

November 5, 2009

Amid the turmoil of the 2008 financial crisis a myriad of events unfolded that the general public knew nothing about, writes New York Times reporter Andrew Ross Sorkin in a new book titled "Too Big to Fail."

from The Great Debate UK:

It’s all over: The banks have won

September 21, 2009

Laurence Copeland- Laurence Copeland is a professor of finance at Cardiff University Business School and a co-author of “Verdict on the Crash” published by the Institute of Economic Affairs. The opinions expressed are his own. -