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July 7, 2024
rescuing again. ill ask one of the people who was at the center of the storm the last time around, the former ceo of goldman sachs lloyd blankfein about whether the system is stable, and is your bank account safe? also, how did it come to this? did we learn the wrong lessons the last time? ill talk to julian tet of "the financial times." then -- dont mess with the french peoples retirement plans. thats the lesson from weeks of strikes and protests and then chaos in parliament as the go...
March 19, 2023
Banks, the few biggest banks have very high capital standards and liquidity standards and stress tests and the regional banks like silicon valley bank have a much lower level of regulatory scrutiny and therefore kind of safety, lets be honest, and if you just left it like this the losson that people may walk away with, the money is safer with the largest banks and so theyre exercising their discretion in moving those things. the consolidation might be an objectist system and there are big policy...