No one can tell us precisely what the leverage ratio in commercial banking is. Holding companies, off-book, PE, OTC derivatives; it's completely opaque.
Not even the credit rating agencies understand it, and they're paid by issuers not to ask too many questions. Their 'professional' opinions are useless in court. Fox guarding the henhouse.
We have a bloated, decrepid and incestuous financial system that defaults to systemic risk and national bailout.
Between crises,, however, administrators comfort themselves in knowing that banking provides lots of white collar and entry-level jobs in important swing ridings
Finance is obviously the prolematic area of the economy. Why not change the monetary/financial paradigm from Debt Only (the word Only designates it as a monopoly paradigm) by integrating the new paradigm of Gifting into strategic points in the Debt Only system? Reform is comparatively nothing to paradigm/entire pattern change.
Consider the effects of the PFI deals that I cursed Gordon Brown for continuing. Hospitals with huge debts. When a facilities management firm such as Carillion goes bankrupt, who has to pitch in to keep things going? - public funds.
I worked at a company that got bought out by private equity. The rode us to finish the project, stripped the assets, and fired almost everyone 2 weeks before Christmas.
Fortunately I saw the writing on the wall and got out.
What could go wrong with hiring a company named after an evil all-seeing orb to manage private health data for millions?
Anatomy of a bailout.
No one can tell us precisely what the leverage ratio in commercial banking is. Holding companies, off-book, PE, OTC derivatives; it's completely opaque.
Not even the credit rating agencies understand it, and they're paid by issuers not to ask too many questions. Their 'professional' opinions are useless in court. Fox guarding the henhouse.
We have a bloated, decrepid and incestuous financial system that defaults to systemic risk and national bailout.
Between crises,, however, administrators comfort themselves in knowing that banking provides lots of white collar and entry-level jobs in important swing ridings
Always so.
Finance is obviously the prolematic area of the economy. Why not change the monetary/financial paradigm from Debt Only (the word Only designates it as a monopoly paradigm) by integrating the new paradigm of Gifting into strategic points in the Debt Only system? Reform is comparatively nothing to paradigm/entire pattern change.
Consider the effects of the PFI deals that I cursed Gordon Brown for continuing. Hospitals with huge debts. When a facilities management firm such as Carillion goes bankrupt, who has to pitch in to keep things going? - public funds.
I worked at a company that got bought out by private equity. The rode us to finish the project, stripped the assets, and fired almost everyone 2 weeks before Christmas.
Fortunately I saw the writing on the wall and got out.