IN
the movie “The Big Short,” Steve Carell plays a slightly altered
version of me. In real life, I am a portfolio manager and financial
services analyst who over a 25-year career has, at times, been highly
critical of bank behavior.
the movie “The Big Short,” Steve Carell plays a slightly altered
version of me. In real life, I am a portfolio manager and financial
services analyst who over a 25-year career has, at times, been highly
critical of bank behavior.
More
than eight years after the financial crisis, many people say that the
large banks still pose a threat to the economy and should be broken up.
Such a view captures the justifiable anger many Americans still feel
toward the large banks. But I don’t agree. Breaking up the banks would
ignore the significant progress made by regulators to reduce the risks
posed by these institutions, and it wouldn’t address what I believe is
the central problem with the economy today.
than eight years after the financial crisis, many people say that the
large banks still pose a threat to the economy and should be broken up.
Such a view captures the justifiable anger many Americans still feel
toward the large banks. But I don’t agree. Breaking up the banks would
ignore the significant progress made by regulators to reduce the risks
posed by these institutions, and it wouldn’t address what I believe is
the central problem with the economy today.
Don’t Break Up the Banks. They’re Not Our Real Problem. - The New York Times
Hello, my name is Jack Sparrow. I'm a 50 year old self-employed Pirate from the Caribbean.
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