Announcement

Collapse
No announcement yet.

Major US Bank about to fall?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Major US Bank about to fall?

    http://www.economicpolicyjournal.com...oing-down.html
    Mike

  • #2
    Re: Major US Bank about to fall?

    This program has been in place for quite some time. Why talk about it now? ;)

    Comment


    • #3
      Re: Major US Bank about to fall?

      TBTF is still in place barring a major change in policy.

      Thus to say that 'rules are being changed' is foolish - rules have been getting changed continuously starting even before Bear Stearns collapsed.

      The changes are nothing as egregious as 'mark to fantasy' anyway - all the modifications in the article are consistent with TBTF and are only a sign that policy hasn't changed.

      Comment

      Working...
      X