The demise of deposit insurance: Part 2, “Not in the cold war anymore”
By:David A. Smith [Continued from yesterday's Part 1.] In yesterday’s post revisiting the Cyprus bank bail-in fiasco six months after the fact, courtesy of a New York Times (August 22, 2013)...
View ArticleThe demise of deposit insurance: Part 4, “An odd definition of private property”
By:David A. Smith [Continued from yesterday's Part 3 and the preceding Part 1 and Part 2 .] As shown in the previous posts, using as a starting point a recent New York Times (August 22, 2013)...
View ArticleMr. Punch and his regulatory slapstick: Part 1, Void in its entirety
By: David A. Smith Wherein we begin the show with as much merriment as possible. That’s the Way to Do it! For Mr. Punch, a slapstick is for smacking people, the more the merrier, so when Mr. Punch is...
View ArticleMr. Punch and his regulatory slapstick: Part 2, An improper measure of oversight
[Continued from yesterday’s Part 1.] By: David A. Smith A combative fellow is Mr. Punch, fearless in the making of political sausages: Sources used in this post Crain’s New York Business (5 August...
View ArticleMr. Punch and his regulatory slapstick: Part 3, No proprietary purpose
[Continued from yesterday’s Part 2 and the preceding Part 1.] By: David A. Smith As we saw yesterday, after then-mayor Bloomberg vetoed the Responsible Banking Act, the City Council overrode his veto...
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