Barry Ritholtz Talk I’m in NY the next few days, mainly to serve as a chaperone to a few kids (at least they’re my own!). However, I did manage to break away to hear Barry Ritholtz, of The Big Picture blog (see, my Blog Roll) at a midtown Barnes & Noble. Or, more accurately, see...Read More
No “Run on the Banks?” Define, “Run”It’s true that depositors haven’t raced to withdraw their money from the nation’s — indeed, the world’s — largest, so-called “money-center” banks the last 18 months or so (basically, the ones considered “too-big-to-fail”). That’s largely a credit, literally, to deposit insurance — administered in the U.S. by the FDIC....Read More