Browsing All posts tagged under »banking sector«

When you combine ignorance and leverage, you get some pretty interesting results – Warren Buffet

September 23, 2010 by

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Policymakers around the globe are still wondering how to reform the banking sector, instead of more worthless regulatory schemes, we now have the answer: Limited Purpose Banking as presented by Dr. Larry Kotlikoff in his book Jimmy Stewart is Dead: Ending the World’s Ongoing Financial Plague with Limited Purpose Banking.  Dr Larry Kotlikoff and Orphe Divounguy […]

The Calm before the Storm: The Greek Fiscal Crisis, not just a European Problem but a Global Problem?

April 29, 2010 by

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Written By Orphe Pierre Divounguy With US Banks’ stocks performing particularly well today, do we have nothing to fear from the Europeans’ hysteria over the Greek fiscal crisis? So much has been said about the Greece economy directly affecting its neighbors and even hurting the Euro. Although it is a very valid argument, and a major […]

SEC vs. Goldman Sachs: what does it mean for the economy and the American middle class?

April 27, 2010 by

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Politically driven or not, the US government couldn’t have picked a worst time to bring accusations against Goldman.  Has anyone stopped to think that if in fact we are at the beginning of a recovery from the worst recession since the Great Depression, this assault on Goldman will hurt and slow down our economic recovery?  What […]