… too big to fail?
Albistea: Fed President and Assistant Treasury Secretary Says What Everyone Knows: We Need to Break Up the Big Banks1.
Minneapolis-eko Fed-eko presidenteak esaten duenez, herrialdeko banku handiak handiegiak dira porrot egiteko, eta horrek ekonomiari arrisku adierazgarria suposatzen dio2.
Hona hemen, Kashkari-ren iritziz, “too big to fail” delakoaren aurka agertu diren zenbait ekonomialarik eta finantza adituk esanez postura hori onartezina dela :
- Current chair of the Federal reserve, Janet Yellen (and see this)
- Former chairman of the Federal Reserve, Ben Bernanke
- Former chairman of the Federal Reserve, Alan Greenspan
- Former chairman of the Federal Reserve, Paul Volcker
- Former Secretary of the Treasury Secretary, Hank Paulson
- Former Secretary of Labor, Robert Reich
- Current Vice Chair and director of the Federal Deposit Insurance Corporation – and former 20-year President of the Federal Reserve Bank of Kansas City – Thomas Hoenig (and see this)
- Nobel prize-winning economist, Joseph Stiglitz
- Nobel prize-winning economist, Ed Prescott
- Nobel prize-winning economist, Paul Krugman
- Chief Stability Officer at the Bank of England, Andrew Haldane (and see this and this)
- Former Federal Reserve Bank of New York economist and Salomon Brothers vice chairman, Henry Kaufman
- Dean and professor of finance and economics at Columbia Business School, and chairman of the Council of Economic Advisers under President George W. Bush, R. Glenn Hubbard
- Former chief economist for the International Monetary Fund, Simon Johnson (and see this)
- Former President of the Federal Reserve Bank of Dallas, Richard Fisher (and see this)
- President of the Federal Reserve Bank of St. Louis, James Bullard
- Deputy Treasury Secretary, Neal S. Wolin
- The Congressional panel overseeing the bailout (and see this)
- The former head of the FDIC, Sheila Bair
- The head of the Bank of England, Mervyn King
- The Bank of International Settlements (the “Central Banks’ Central Bank”)
- The leading monetary economist and co-author with Milton Friedman of the leading treatise on the Great Depression, Anna Schwartz
- Economics professor and senior regulator during the S & L crisis, William K. Black
- Leading British economist, John Kay
- Economics professor, Nouriel Roubini
- Economist, Marc Faber
- Professor of entrepreneurship and finance at the Chicago Booth School of Business, Luigi Zingales
- Economics professor, Thomas F. Cooley
- Economist Dean Baker
- Economist Arnold Kling
- Chairman of the Commons Treasury, John McFall
- The Director of Research at the Federal Reserve Bank of Dallas, Harvey Rosenblum
- Director, Max Planck Institute for Research on Collective Goods, Bonn, and Professor of Economics, University of Bonn, Martin Hellwig
Halaber, New York-eko Fed-eko buruaren hitzez, ez dugu behar onartu finantza sistema bat non zenbait finantza erakunde hartuta dauden “ too big to fail” moduan.
Halaber, zenbait bankari handik eskatzen dute Big Bank horiek puskatuak izan daitezen:
- Former Citi CEO Sandy Weill
- Former Citi CEO John Reed
- Former Citi chairman Richard Parsons
- Former Merrill Lynch chairman and CEO David Komansky
- Former Morgan Stanley CEO Philip Purcell
- Former managing director of Goldman Sachs – and head of the international analytics group at Bear Stearns in London- Nomi Prins
- Numerous other bankers within the mega-banks (see this, for example)
- Founder and chairman of Signature Bank, Scott Shay
- Former Natwest and Schroders investment banker, Philip Augar
- The President of the Independent Community Bankers of America, Camden Fine
Galdera: Why do so many top bankers, economists, financial experts and politicians say that the big banks should be broken up?
Erantzuna: Because they’re no longer acting like banks, and are destroying the economy.
Gogoratzekoak:
DTM-koek politika egiten dute (tartekoa: gehigarri batzuk)
Bill Mitchell-ek Greziako banku gordailuen ‘migrazioaz’
Bankugintza eta diruaren gaineko kontrola
1 Ikus http://www.zerohedge.com/news/2016-02-16/fed-president-and-assistant-treasury-secretary-says-what-everyone-knows-we-need-brea.
2 Ingelesez. “The President of the Federal Reserve Bank of Minneapolis – who oversaw the Troubled Asset Relief Program (TARP) as Assistant Secretary of the Treasury for Financial Stability (Neel Kashkari) – says that the nation’s biggest banks remain too big to fail and pose significant risk to the economy.”