The Baseline Scenario (our blog)Simon and I saw it for the first time at the Fordham Law School conference on Friday. A bunch of reviewers got their copies before we did. A few notes: It looks and feels beautiful. The cover is made of something they call “foil” in the industry. It was printed in Virginia. There are already [...]
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The Huffington Post has a story on the thirteen biggest paychecks in finance. This is certainly not the actual thirteen biggest in finance, because those would all be hedge fund managers. And it probably isn’t the thirteen biggest in the banking sector, since I don’t think banks have to disclose that (they do have to [...]
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Page 199: Change “forty senators” to “forty-one senators.” Page 208: Change “The Obama administration agrees” (with the large banks) to “The Obama administration agreed.” By James Kwak
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Well, probably not. But today, according to the Wall Street Journal, Obama is set to propose new restrictions on the size of the largest banks and on the activities they can engage in. (See our Baseline Scenario posts for more details.) Imposing hard limits on bank size is something that we have been arguing for [...]
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