Tag Archives: tbtf

Michael Hudson was one of the few that predicted the crisis. He explains how the foundation for the next crisis was laid by the bank bailouts by rescuing creditors instead of debtors.Michael Hudson — On Finance, Real Estate And The Powers Of NeoliberalismThe Lehman 10th Anniversary spin as a Teachable MomentMichael Hudson | President of The Institute for the Study of Long-Term Economic Trends (ISLET), a Wall Street Financial Analyst, Distinguished Research Professor of Economics at the...

By William K. Black April 17, 2016     Bloomington, MN Andrew Ross Sorkin has written a column lamenting that “For a Generalist, ‘Too Big to Fail’ May Be Too Tricky to Judge” about the district court opinion finding in favor of MetLife on the question of whether it would pose a system risk were it to fail.  Sorkin runs the NYT’s “Deal Book,” which is supposed to represent the paper’s specialized expertise with regard to Wall Street.  His column demonstrates that one of the areas of...