As Reuters notes:An independent U.S. senator on Friday introduced a bill that would give the government the power to identify and break up financial firms that are “too big to fail,” an idea that is catching on. “If an institution is too big to …
Posts Tagged ‘fails’
Breaking Up The Too Big to Fails Will NOT Harm America’s Ability to Compete with Foreign Banks
October 30th, 2009 |
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I have previously debunked numerous false arguments used to defend the too big to fails. See this and this.But the apologists for the TBTFs are now arguing that breaking up the beached whales … er, giant banks … will harm America’s ability to comp…
Simon Johnson and Robert Reich: Use Antitrust Laws to Break Up Too Big to Fails
October 10th, 2009 |
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I have previously argued that we should use antitrust laws to break up the too big to fails.Since I made that argument, economists Simon Johnson and Robert Reich have both said the same thing.Specifically, former head IMF economist Simon Johnson wrote:…
Crisis fails to slow race for sponsors
September 11th, 2009 |
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As corporate hospitality tents diminish and billboards boasting the names of high-profile sponsors disappear, the effects of the current economic downturn still haunt golf’s major tournaments. Earlier this year, Volvo confirmed it would not extend sponsorship of its Asian event; Morgan Stanley
Taliban ready if Afghan government fails
August 31st, 2009 |
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Afghanistan’s government must fight corruption and quickly deliver services to Afghans, because Taliban militants are filling gaps and winning support to their cause, a top counter-insurgency expert said on Monday. The Taliban were already running courts, hospitals and even an ombudsman in
Jordan fails to land ‘Sex And The City’ dream role
July 25th, 2009 |
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Glamour model Katie Price a.k.a. Jordan failed to land ‘Sex and City’ dream role because she’s too old, it has emerged.
The 30-year-old beauty had auditioned for the role of “naturally sexy” big-boobed Irish nanny named Erin for the movie sequel but failed to make it to the final 20.
“Jordan was never going to be able [...]
Li Lo’s new film ‘Labour Pains’ fails to hit big screen
July 21st, 2009 |
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Lindsay Lohan’s new film ‘Labour Pains’ has failed to make it to the big screen and will first release in DVD form in August this year.
In the film, the actress plays Thea Clayhill, a publishing secretary who fakes a pregnancy to protect her job but falls in love with her boss’’s brother and confesses the [...]