The coming US dollar crisis Message Board

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Strategies & Market Trends : The coming US dollar crisis

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To: ggersh who wrote (50461)	3/19/2013 3:49:36 PM
From: maceng2	Read Replies (2) of 71475

Why bankers are intellectually naked In recommending this change, the authors – Anat Admati of Stanford and Martin Hellwig of the Max Planck Institute – are bold. They want an equity ratio of 20-30 per cent. This is not mad. The case is grounded in the financial theory bankers apply to everything, except themselves. http://www.ft.com/cms/s/2/39c38b74-715d-11e2-9b5c-00144feab49a.html#ixzz2O16ezmSc The Bankers’ New Clothes: What’s Wrong with Banking and What to Do About It, by Anat Admati and Martin Hellwig, Princeton, RRP£19.95, RRP$29.95 Reviews bankersnewclothes.com Anat R Admati talks about the book in a video here. gsb.stanford.edu btw, almost forgot to ask. At 3% equity ratio, are there enough lifeboats if all this goes tits up?

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