Tag Archives

Archive of posts published in the tag: bailouts

Thoughts on Buybacks

When CEO bonuses were paid in 2008 after the bailouts America was justifiably outraged and it is reasonable to include conditions to avoid this outcome again.  It is equally outrageous and irresponsible to load this bill with unrelated political swag and enforce long term changes in corporate governance and other purely political agendas in order to address a very short-term set of problems.

Read More

Replace bailouts with “bail ins”

In We’ll Always have Basel The Wall Street Journal reports on the work to raise capital standards to avert future bank meltdowns.  One of the more interesting concepts is a “bail in”: The idea is to set very high capital…

Read More