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Daily Archives: January 30th, 2014

Yet another chapter of “What Could Go Wrong?”

Wall Street’s latest trillion-dollar idea involves slicing and dicing debt tied to single-family homes and selling the bonds to investors around the world. That might sound a lot like the activities that at one point set off a global financial crisis. But there is a twist this time. Investment bankers and lawyers are now lining […]

Banking going postal?

I mentioned a short time ago that I was reading Doris Kearns Goodwin's Bully Pulpit. I'm not still reading it. I'm not that slow. One thing I was interested in was the fact that both TR and William Howard Taft advocating postal banking, i.e., allowing people to open savings accounts at post offices. It was […]