Little Rock Immigrants to the United States, Canada, and Europe from Somalia, Bangladesh, Haiti, and Nigeria where banking systems are unstable or virtually nonexistent are about to face expensive and difficult burdens as more banks curtail money transfer services for fear of running afoul of thorny terrorism regulations. The British-based bank, Barclays, has announced that …
Tag: Barclay’s
How Can We Afford a Lame Duck Treasury Secretary?
New Orleans Yes, I understand the politics and for reasons that are easy to guess but terrible to live through, President Obama at this late date can’t push his disastrous failure of a Treasury Secretary Tim Geithner to the curb despite the fact that he is owned from head to toe by Wall Street, wears …
Adair Turner, Equity, Growth, LIBOR, and British Bank Regulation
New Orleans In one of those serendipitous moments a friend in San Francisco had passed on a book for my reaction and the daily papers have been full of pictures and quotes of the author, so the first part of my flight home was easily occupied reading Adair Tuner’s Economics After the Crisis: Objectives and …