I don't know precisely what "age of change" means but if it means turning a blind eye to the abuses of powerful oligopolies, if it means accepting that everything done by the private sector is virtuous simply because it is the private sector, then, as Samuel Goldwyn once put it, include me out.
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- Eagle Eye (
indyeagleeye) wrote,
Eagle Eye
indyeagleeye
Ben Chu: The Age of Change? No thanks
I don't know precisely what "age of change" means but if it means turning a blind eye to the abuses of powerful oligopolies, if it means accepting that everything done by the private sector is virtuous simply because it is the private sector, then, as Samuel Goldwyn once put it, include me out.
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Ben Chu: More property shorting by the banks wouldn't have helped
Good analysis of the Goldman Sachs situation from the ever perceptive Robert Peston on the BBC. But I would take issue with one of his comments…
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Ben Chu: The banking structural reformers are winning the argument
Size matters! The Financial Times threw a wet blanket on to the Volcker plan to split retail from investment banking when the White House…
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Ben Chu: Is Paul Krugman's resistance to serious banking reform weakening?
I sense that Paul Krugman might be moderating his opposition to the suggestion that the oligopolistic banks should be broken up. From Krugman's…
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