Size in Banking: Efficiency of Scale vs. Abuse of Power

by Guest Authors: Eric De Keuleneer, DeKeuleneer.com and Nastassia Leszczynska Editor’s Note: This is posted as a companion article to The Great Debate©:  Will Dodd-Frank be Effective? Introduction: Economies of scale, optimal size and competition in banking It is worth looking at the last decennia in the banking sector to reflect on the relation between …

Notes on European and USA Bank Exposures

by Elliott Morss There is a lot of talk about bank contagion and exposures resulting from the Eurozone crisis. There is much less talk about the high unemployment rates and other hardships being forced on the weaker Eurozone countries by the ECB/IMF cadré. But for now, let’s focus on bank contagion and exposure. What do …

$13 Trillion Cover-up

In the case of bailing out Wall Street – and thereby the wealthiest 1% of Americans – while saying there is no money for Social Security, Medicare or long-term public social spending and infrastructure investment, the beneficiaries are obvious. So are the losers.