Tag Archives: leverage

Is 2013 the Year for Substantive Financial Reform?

Simon Johnson believes that “2013 will be a watershed for financial reform.” “News reports indicate that the Fed has already started saying no to some bank mergers. At the same time, the US Federal Deposit Insurance Corporation has become a bastion … Continue reading

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Relationship between Inequality and the Financial Crisis

A somewhat wonkish analysis of the relationship between inequality, wages and the financial crisis is found in a study by Michael Kumhof, Deputy Division Chief of the Modeling Division of the International Monetary Fund. His presentation at the World Economic … Continue reading

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The Cause of the Financial Crisis: Fraudulent Creation of 3,000 Times Leverage On House Prices by the Big Banks

Ritholtz has a great article on the cause of the great Recession. It’s captured below. Insane Levels of Leverage by the Too Big to Fail Banks – Not Deadbeat Borrowers – Caused the Financial Crisis The Cause of the Financial … Continue reading

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