Sunday Reading: 2 May 2010

So, what I’ve decided to do is not close down my linkdumps; enough people find value in them to keep it going. I guess this question was raised, in part, by my desire to have something that enriched my readers a bit more. Well, I think I’ve come across what I’ll do: a Sunday linkdump… Continue reading Sunday Reading: 2 May 2010

Risk Spreading

So, if the end goal of Wall Street is to spread risk around—to avoid the “too big to fail” problem that just means socialized capitalism—then why is it a positive thing for bank failures or near failures to inspire M&A activity? Doesn’t more M&A activity mean fewer players, higher barriers to entry, and, worst of… Continue reading Risk Spreading