Credit markets Archives - Page 41 of 274

Former Citi Vice Chairman Robert Rubin, Target of DoJ Investigation, is Too Big to Jail

The Financial Crisis Inquiry Commission released a raft of documents from its 2010 investigation, including interviews with senior government officials like Alan Greenspan, Hank Paulson, and Sheila Bair, as well as other individuals deemed to be prominent like Warren Buffett and subprime short-seller Steve Eisman. It’s hard to see the justification for keeping information from […]

Louis Proyect: Boom Bust Boom

Boom Bust Boom a wickedly funny but mind-expanding analysis of 2008 crisis driven by the proposition that the capitalist system is inherently unstable.

Brexit Endangers London’s Status as a Financial Hub

Brexit could damage London’s attractiveness as the centre of European banking, as an entry point to the EU and as a global financial hub.

The IMF and the Next Crisis

The IMF is now expected to be the first responder to a financial crisis when it may be less well equipped than in the past.

Germany Lays the Foundations for a New Eurozone Debt/Banking Crisis

It’s astonishing to see Germany take active steps to wreck the Eurozone.

The New Shadow Banks: Private Equity Becomes Private Credit

Private equity funds have launched a host of private credit fund to let them borrow more than banks are allowed to provide. What could go wrong?

Michael Hudson Discusses the Federal Reserve and the Global Fracture

Explaining how the Federal Reserve and central bank policies like QE, saved the banks at the expense of wrecking the real economy.

Hard Times for Italian Banks

The overview: “They argue that rather than spending time revising rules that have already been agreed, alternatives should be considered to make the guarantee schemes as effective as possible.” Translation: “Time to go back to the drawing board.”