Wed 2009-02-11 00:00 EST
naked capitalism: British Banks Deemed "Technically Insolvent"
British Banks Deemed; naked capitalism; technical insolvency.
Wed 2009-02-11 00:00 EST
British Banks Deemed; naked capitalism; technical insolvency.
Mon 2008-08-04 00:00 EDT
Bagehot's Rule and the Cost of Being "Technically Insolvent"; "Fannie Mae and Freddie Mac were given open-ended government guarantees through January 2009. This open-endedness is a big mistake, because the potential costs are being as vastly understated as the pre-war estimates of the Iraq invasion."