Monthly Archives: December 2012

Why not ‘resolve to break up big banks’ now instead of ‘resolving broken banks’ later?

Apologies for the month-long silence. The US and UK financial regulators responsible for dealing with the next Lehman Brothers disaster have been making joint plans to do so. A couple of days ago they released a draft. The next Lehman is likely to be one of the other so-called Globally-active Systemically Important Finanicial Institutions (G-SIFIs). […]