Friday, 28 November 2014

Monthly Archives February 2010

Regulating the Financial Industry

Posted by Tom Duncan
February 26, 2010

Wednesday’s Washington Post featured a column by Steven Pearlstein that sums up the ongoing debate over the regulation of the financial industry, or at least it attempts to do so. As we all know, the collapse of the financial industry played a major role in what has now become a worldwide recession. The obvious response […]

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Put Housing GSEs in the Budget and then Privatize

Posted by Tom Duncan
February 25, 2010

“The two large housing government-sponsored enterprises, Fannie Mae and Freddie Mac, have been in government receivership since September 2008. The U.S. Treasury has given the housing GSEs $112 billion in cash infusions, and this past Christmas Eve it quietly announced it would cover all of Fannie and Freddie’s losses beyond the original $400 billion limit […]

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“Four Biggest Greek Banks Downgraded”

Posted by Tom Duncan
February 24, 2010

“Fitch Ratings, citing concerns about Greek banks’ funding costs and profitability, downgraded the country’s four major banks to triple-B, or two notches above “junk” status. Fitch characterized its outlook for Greek banks as ‘negative’… The cost of funding for the four banks in question—National Bank of Greece, Alpha Bank, Efg Eurobank Ergasias and Piraeus Bank—has […]

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“Greenspan’s Monetary Policy in Retrospect”

Posted by Tom Duncan
February 23, 2010

“Critics charge Greenspan with having carried on an excessively expansionary monetary policy, particularly following the recession of 2001. They note how low interest rates were from 2002 through 2004 and argue that those low rates paved the way for everything from high prices at the pump to high prices at the supermarket, from the housing […]

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Sound Money Essay Winners!

Posted by Tom Duncan
February 22, 2010

The Atlas Sound Money Project is proud to announce the winners of its 2010 Atlas Sound Money Essay Contest. We are grateful for the carefully crafted, well-reasoned essays that we received from undergraduate and graduate students and young scholars from the think tank and policy communities.   It has been gratifying to see so many who […]

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“The Fed’s Great Rate Debate”

Posted by Tom Duncan
February 22, 2010

“There are plenty of experts who argue that the Fed should move sooner rather than later to raise the federal funds rate, its key lending rate that is used as a benchmark for the interest paid on credit cards, home equity loans and many business loans. Keeping that rate, also known as the fed funds […]

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