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|User Info||M1 Multiplier goes BELOW 1.0 - WTF??; entered at 2009-01-17 11:56:11|
Registered: 2008-03-09 HELL IF I KNOW
you need more than one bank to de-centralize risk...we have risk far far to centralized and all these big banks were like lemmings following each other off a cliff|
when you have one or two super huge quasi govt entities (see fre fnm) or super huge banks, and they **** up, they got us (the us taxpayer) by the balls cause they are too big to fail...we need to make sure no one gets too big to fail in the future...at least that is how i have felt about it for a long time...
i wish we'd separate fre fnm into smaller players too
Last modified: 2009-01-17 11:58:06 by seabassbanker