How to Break Up Goldman Sachs? Let Them Figure it Out As we drill down into the details of ideas for breaking the economic and political power of over sized banks, we need this litmus test against which serious suggestions should be judged: Does a proposal, at the end of the day, imply that Goldman...Read More
“Houston, We Have a (Political) Problem”One of the very best pieces I’ve read — out of perhaps thousands now — analyzing the ongoing financial melt-down is “The Quiet Coup,” by Simon Johnson. The article appears in the May issue of The Atlantic magazine. Johnson, a former chief economist of The International Monetary Fund, has a...Read More
