- Need to do more to curb the odds of bank failures
- Resolution plan not enough to solve too big to fail
Community Blog
Fed: Dudley speaks on regulation
Nothing on monetary policy or the outlook from the NY Fed President:
Washington is a wound for markets that will not heal
It’s beginning to feel a little like that great film, Groundhog Day, starring Bill Murray and Andie MacDowell
But the current Fiscal Groundhog day is no comedy. According to the great Karl Marx, who said "History repeats itself, first as tragedy, second as farce", it is more likely to be a farce.
Six years ago America blew up the world’s financial system thanks to its subprime mortgage mess. And now America is threatening the world’s financial system all over again. The budget and debt
ceiling d…
But the current Fiscal Groundhog day is no comedy. According to the great Karl Marx, who said "History repeats itself, first as tragedy, second as farce", it is more likely to be a farce.
Six years ago America blew up the world’s financial system thanks to its subprime mortgage mess. And now America is threatening the world’s financial system all over again. The budget and debt
ceiling d…
Republican Senate caucus delayed until Tuesday morning
There had been chatter about rapid progress being made, but maybe not so much as to expect some sort of firm proposal tonight. The delaying of the full caucus meeting is likely a positive as leaders move forward in negotiations.
The Republican Senate caucus has now been delayed until Tuesday morning (US eastern time). 11am the scheduled time for the caucus meeting. 11am start – not bad work if you can get it. Peel me another grape.
Looks like we do more hanging on every word out of Washington.
The Republican Senate caucus has now been delayed until Tuesday morning (US eastern time). 11am the scheduled time for the caucus meeting. 11am start – not bad work if you can get it. Peel me another grape.
Looks like we do more hanging on every word out of Washington.