May 21, 2015
Limit tax deductibility on what is paid to a CEO, to 10 times the average salary. That sends a discreet social message.
May 20, 2015
Martin Wolf: Sovereigns = 0% risk weight; citizens = 100%. Are not regulations relevant to sovereign bond markets?
Though we cannot fine bank regulators, we should at least shame them, for the mother of all bank-credit markets riggings.
CDS were bought more for their capacity to reduce equity requirements for banks, than as insurance against defaults.
May 18, 2015
What about 15% of ad revenues to the content provider and the mobile operator, each one, and 70% to me?
May 17, 2015
ECB’s Mario Draghi’s QE is only going to increase the existent inequalities, for absolutely no purpose.
May 16, 2015
May 15, 2015
Gillian Tett would do better advising “the risky” on how to fend off bank regulators… pro-bono of course
Mario Draghi, for Europe’s and our young's sake, go home. And for your own, stop embarrassing yourself.
May 14, 2015
The most incapable and failed risk-manager in history, insists on helping banks to manage their risks.
May 12, 2015
May 11, 2015
Nial Fergusson, do not blame Keynes, Keynesian economists do not give Keynesian policies a fair chance to work.
May 09, 2015
Shrink and Sage, in these days of skepticism, why are bank regulators so trusted and so obvious questions not asked?
In finance the structurally discriminated are those perceived as “risky”, the SMEs and entrepreneurs
May 06, 2015
The Basel Committee causes an inefficient allocation of bank credit, something which guarantees lower productivity.
What keeps the very competent Martin Wolf from commenting on the mother of all regulatory distortions?
May 05, 2015
May 04, 2015
Brussels and US, when ruling on cyber space, never forget it is we, the undefended accessed, who most need assistance.
God help our grandchildren if our insurance sector, like our banks also fall into the hands of a Sissy Brigade.
May 02, 2015
Why does Martin Wolf keep mum about an important regulatory inequality driver he must know of by now?
May 01, 2015
Senator Richard Shelby. Ask Fed and FDIC, why Alabama’s borrowers are denied a fair access to bank credit.
Sir, I refer to Barney Jopson and Caroline Brinham’s “Republican resist global insurance role”, April 29.
Richard Shelby, chairman of the Senate banking committee is quoted with: “An international regulatory regime should not dictate how US regulators supervise American or US based companies”.
It is a quite relevant opinion, but Senator Shelby should start by asking the Fed and the FDIC the following:
Why on earth are Alabama’s state-chartered banks allowed to lend to well-rated corporations elsewhere, or to sovereign governments, holding less equity than when lending to their own local SMEs and entrepreneurs?
Does that not enable sovereign governments and members of the AAArisktocracy to generate higher risk adjusted returns on bank equity than what Alabama’s borrowers can do?
Does that not mean that Alabama’s borrowers are refused fair access to the credits of their Alabama banks?
Senator Richard Shelby faces a hugely important challenge. But he should know that challenge extends way beyond the insurance sector and the Financial Stability Board. He should start with banking, and with the Basel Committee, that committee that so much influences US bank regulations, but that is not even mentioned once in the over 800 pages of the Dodd-Frank Act.