Tag Archives: financial crisis
Commerzbank write-off highlights low-profit future
The German lender has announced a 560 million euro writedown on deferred tax accruals. …
Bank of England’s Haldane on the crisis of economics: “Our models are no longer working properly”
Andres Haldane (Photo: Bank of England)
Andrew Haldane is the Bank of England’s Executive Director …
Filed under Financial Crisis, General Economics
Bundesbank's Weidmann on the origin and meaning of the Target2 balances
A couple of days ago, Jens Weidmann, the President of Deutsche Bundesbank, published an …
Filed under Monetary Policy, Target 2
Olaf Storbeck smackdown watch, nobel prize edition
In the debate about Target2 balances I was impressed by Felix Salmon’s response to …
Filed under General Economics
Bankers just don't get it
A new paper sheds light on an amazing learning disability within the financial sector: …
Filed under Banking, Financial Crisis, Regulation
Why debt matters – some real empirical evidence
Last week Henry Kaspar published an interesting blog post “Why debt matters” on Kantoos …
Filed under Financial Crisis, Monetary Policy, Regulation
$4.7bn per bank, per year – How the U.S. government subsidizes Citi, BoA et al.
Peer Steinbrück, the former German finance minister, was adamant. The merger of two leading …
Filed under Banking, Financial Crisis, Regulation
The contemporary Keynes – why "The Economist" is wrong
Who are the most important economists of our times? “The Economist” published a rather odd ranking. Continue reading
Filed under General Economics
