Category Archives: Regulations and regulators

Michael Hudson: The Lehman 10th Anniversary Spin as a Teachable Moment

Why you should take conventional wisdom about the Lehman collapse and the crisis with a fistful of salt.

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Double Whammy: Implicit Subsidies and the Great Financial Crisis

Follow the subsidies, and you will understand why we had the crisis and why not enough has been done to prevent a recurrence.

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Pigs Want To Feed at the Trough Again: Bernanke, Geithner and Paulson Use Crisis Anniversary to Ask for More Bailout Powers

The chief architects of the exercise in looting otherwise known as the post-crisis rescues are back promoting more of the same.

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Marshall Auerback: Central Bankers as ‘Dealers of Last Resort’

In their 21st-century role as counterparty/dealer/insurer of last resort, central bankers must not simply use their balance sheets indiscriminately to provide a liquidity backstop during the downturns. They must embrace this counterparty role as an umpire, rather than an enabler.

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