Tagged: Financial stability

The OBR is not meant to be a replacement for deposit guarantees - The Dismal Science

Matt Nolan Mar 29, 2013

I’ve noticed an interesting interpretation of the Open Bank Resolution going around New Zealand, and the world, where it is seen as a replacement for the lender of last resort function and deposit guarantees. This has caused outrage among some – even I’ve received some emails and facebook messages from people on it.  But the [...] … Read More

A book I have just preordered - The Dismal Science

Matt Nolan Oct 16, 2012

Via Economist’s View comes this excellent post by Economic Principals. That the world economy received a “shock” when US government policy reversed itself in September 2008 and permitted Lehman Brothers to fail: what kind of an explanation is that?  Meanwhile, the shadow banking industry, a vast collection of financial intermediaries that included money market funds, [...] … Read More

  • 1
  • 2