Available April 3
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"A major and timely contribution to a national debate that will only get more heated in the years ahead."
—Mohamed A. El-Erian, CEO of PIMCO
#whburning- "@justinwolfers: Romney will "finance a massive tax cut by cutting Medicaid..."- @ezraklein http://t.co/74lS2lit"; He is #whburning /SJ baselinescene (Baseline Scenario)
- Santorum profile: http://t.co/PdV2Osdi via @WSJ, but his fiscal plans would move US debt to Greek levels, #whburning baselinescene (Baseline Scenario)
- Paul Singer: "these countries are insolvent, with no hope of paying presently promised benefits," http://t.co/JHLMzxcX #whburning /SJ baselinescene (Baseline Scenario)
- Party of Higher Debts #whburning http://t.co/2VQo5rZV baselinescene (Baseline Scenario)
- RT @baselinescene: @crampell primer on tax breaks: http://t.co/895kiVEq. #whburning goes after 7 of the top 10 in her list. /JK BondBuyerJen (Jen DePaul)
- @crampell primer on tax breaks: http://t.co/895kiVEq. #whburning goes after 7 of the top 10 in her list. /JK baselinescene (Baseline Scenario)
- looking forward to this one rt “@baselinescene: What Is This White House Burning? #whburning http://t.co/kcwOLQga” andrewpowens (Andrew Owens)
- RT @baselinescene: What Is This White House Burning? #whburning http://t.co/PmFHOsLv michpols (michpols)
- RT @baselinescene: What Is This White House Burning? #whburning http://t.co/KoLJ0ugX JDreport (JDreport)
- What Is This White House Burning? #whburning http://t.co/PmFHOsLv baselinescene (Baseline Scenario)
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What Is Josef Ackermann’s Point?
Writing in the Financial Times yesterday, Josef Ackermann – CEO of Deutsche Bank – argued that larger banks are not more dangerous to the health of financial system (and thus to taxpayers) than smaller banks. According to him, system danger arises primarily from the degree to which banks are “interconnected”.
Inadvertently, Mr. Ackermann makes a strong case for banking system reform. You can break this down into five parts. Continue reading →
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Tagged Ackerman, CEO semiotics, Deutsche Bank