The much-trumpeted Basel III increase in capital requirements will not be fully phased in until 2019.Many are criticizing the slow pace of implementation, including Joseph Stiglitz:“While it’s understandable given the weaknesses and the failings of…
Posts Tagged ‘William White’
“Never Even a Whisper” at Fed’s Open Market Committee Meetings
April 13th, 2010 |
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Ben Bernanke, William Dudley and Donald L Kohn are on the Fed’s Open Market Committee (FOMC).They are also on the board of directors of the Bank for International Settlements (BIS) – often called the “central banks’ central bank”. And Kohn is an alter…
White Schools Bernanke on Basic Economics
March 5th, 2010 |
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William White – former head BIS economist, currently chair of the OECD’s Economic and Development Review Committee – is again schooling Ben Bernanke on economic fundamentals. In an article published in the December-January OECD Observer, White wrote…
How Well Has The Federal Reserve Performed for America?
September 27th, 2009 |
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How well has the Federal Reserve performed for America? Mainstream pundits, of course, say that Bernanke has saved the world . . . . but they said the same thing about Greenspan. So let’s look at the actual historical record to determine how well the…