Sat 2008-07-19 00:00 EDT
naked capitalism: Jim Grant: "Why No Outrage?"
comments pertaining to uninsured small business deposits and potential bank runs
Sat 2008-07-19 00:00 EDT
comments pertaining to uninsured small business deposits and potential bank runs
Fri 2008-06-20 00:00 EDT
Walter Bagehot Was Wrong, by James Grant - June 19, 2008 - The New York Sun; Jim Grant: structuring mortgages for central bank deposit in special liquidity facilities will result in a new cycle of currency debasement; Walter Bagehot versus Thomson Hankey on central banks, moral hazard, fairness, and ready money
Tue 2007-08-28 00:00 EDT
naked capitalism: Jim Grant in the NYT on the Subprime Crisis; "capitalism without financial failure is not capitalism at all, but a kind of socialism for the rich"