Receive these posts via Email

Saturday, October 20, 2012

Nouriel : Banks are now even Bigger to Fail than before

“We had banks that were too big to fail before the crisis and now they’re even bigger to fail than before,” he explains. “The problem has not gone away and, in my view, as I wrote three years ago, the only way is to break up ‘too big to fail’ banks. There is no other alternative.” - in Bloomberg


Popular Posts This Month

Nouriel Roubini nicknamed Dr. Doom and lately Dr. Realist by CNBC , is a professor of economics at the Stern School of Business, New York University and chairman of RGE Roubini Global Economics, an economic consultancy firm . Prof. Nouriel Roubini A world-class economist who offers an unflinching look at the global meltdown and distinctive insights into its course going forward. His research on financial crisis in emerging economics has yielded a unique and now vindicated approach to future collapses. Roubini speaks on the global economic outlook and its implications for the financial markets. From his analysis of past collapses of emerging economies, he has identified common factors that support his predictions of crisis in the US and world markets. He has held several high-level advisory positions in the US government and international finance organisations, published numerous policy papers and books on key international macro-economic issues and is regularly cited as an authority in