Jubak on the Paulson Plan

Wednesday, April 02, 2008 | 03:00 AM

Jim Jubak calls the Reform plan rally proof that there is nothing to it, other than business as usual.


click for video
Reform plan rally, no fix
Reform plan rally, no fix


via MSN Money

Wednesday, April 02, 2008 | 03:00 AM | Permalink | Comments (11) | TrackBack (0)
de.li.cious add to de.li.cious | digg digg this! | technorati add to technorati | email email this post

bn-image

TrackBack

TrackBack URL for this entry:
https://www.typepad.com/services/trackback/6a00d8341c52a953ef00e5518ed0ec8833

Listed below are links to weblogs that reference Jubak on the Paulson Plan:

Comments

Jim and you obviously have a point if the shadow-banking system isn't regulated as the result of this. There's where I disagree. In talking with folks in the banking business who are subject to Fed audits and data reviews they are time-consuming, expensive, scary and onerous (not next to gullible). Once the Fed is inside the non-bank banks we'll get regulation even if JJ think we won't at the start. Plus the re-structuring, consolidation and re-missioning of the oversight groups will move it all that direction.
Here's the real thing though - and my proposal - supervision of the shadow system is in all our interests. The lack of adult supervision has proven dangerous as somebody has said. But is inspection the best mechanism - why not require the non-bank banks to take out insurance and/or post performance bonds and create an incentive to do their own policing; i.e. put the market's de-centralized information collection and coordination mechanisms to work for the new regulations rather than against them.

Posted by: dblwyo | Apr 2, 2008 6:38:20 AM

The comments to this entry are closed.



Recent Posts

December 2008
Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      

Archives

Complete Archives List

Blogroll

Blogroll

Category Cloud

On the Nightstand

On the Nightstand

 Subscribe in a reader

Get The Big Picture!
Enter your email address:


Read our privacy policy

Essays & Effluvia

The Apprenticed Investor

Apprenticed Investor

About Me

About Me
email me

Favorite Posts

Tools and Feeds

AddThis Social Bookmark Button

Add to Google Reader or Homepage

Subscribe to The Big Picture

Powered by FeedBurner

Add to Technorati Favorites

FeedBurner


My Wishlist

Worth Perusing

Worth Perusing

mp3s Spinning

MP3s Spinning

My Photo

Disclaimer

Disclaimer

Odds & Ends

Site by Moxie Design Studios™

FeedBurner