The Sunshine Report

Veritas Financial Partners
Information about finance, the economy and business. Entertaining and informative. Seeking Alpha Certified Mark Sunshine Chairman & CEO

Category Archive: Willem Buiter

  1. Why Hasn’t Treasury Worked Out A Program For Resolution of Non-Bank Financial Institutions?

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    I don’t under­stand why Trea­sury hasn’t put in place a com­pre­hen­sive plan for the res­o­lu­tion of failed non-bank finan­cial insti­tu­tions. Paul­son and Bernanke said that they were work­ing on a pro­posal after the Bear Stearns col­lapse and that a frame­work for res­o­lu­tion of non-bank finan­cial fail­ures was needed imme­di­ately. But 8 months later the world […] [read full story]

    Posted in: BANKS, Bernanke, Business Environment, Credit Crisis, Economic Statistics, economy, Finance, Paulson, Politics, Regulatory Reform, Willem Buiter

  2. SOUNDS LIKE A HOOVER ADMINISTRATION ECONOMIST PRESENTED AT LAST WEEK’S FED CONFERENCE" rel="bookmark">SOUNDS LIKE A HOOVER ADMINISTRATION ECONOMIST PRESENTED AT LAST WEEK’S FED CONFERENCE

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    Some of the head­lines from last week’s Fed­eral Reserve con­fer­ence sounded like they were writ­ten in the 1930’s when the Hoover Admin­is­tra­tion encour­aged liq­ui­da­tion of assets and banks as a way to fix the econ­omy. Willem Buiter, a for­mer offi­cial of the Bank of Eng­land and Euro­pean Bank for Recon­struc­tion and Devel­op­ment, sounded like Andrew […] [read full story]

    Posted in: Andrew Mellon, BANKS, Bernanke, Bush Administration, Credit Crisis, Federal Funds Rate, Federal Reserve, Finance, Great Depression, Hoover Adminstration, housing crisis, monetary policy, Money Supply, Willem Buiter