Rolf Englund IntCom internetional
"Det är svårt att vara olyckskorp när allt går som smort"
The International Monetary Fund (IMF)'s management and staff welcomed a report released on Wednesday by the Independent Evaluation Office (IEO) of the IMF on the Fund's performance in the period prior to the global economic and financial crisis.
"Even as late as April 2007, the IMF's banner message was one of continued optimism
Behind the scenes, a number of board members took issue with the upbeat messages in flagship documents, the report found.
However, several senior staffers felt expressing views that went against the grain could "ruin one's career"
What we saw this summer is something we've seen before and will undoubtedly see again. The sell-off was predictable and avoidable.
I många fall tycker jag ärligt talat inte att våra nuvarande ordningar för att hantera svaga banker räcker till.
Finansinspektionen har fått hård kritik för att den inte stoppade bankernas och finansbolagens hejdlösa utlåning i tid.
- Det är svårt att vara olyckskorp när allt går som smort
Kommentar RE 1998 och många gånger tidigare:
Problem bank list climbs to 829
But the most striking similarity between Ireland and America was “regulatory imprudence”: the people charged with keeping banks safe didn’t do their jobs.
By all means, let’s limit both leverage and the use of securitization — which were part of what Canada did right. But such measures won’t matter unless they’re enforced by people who see it as their duty to say no to powerful bankers.
The Federal Deposit Insurance Corporation (FDIC)