Thursday, January 15, 2009

Arnold's quick reference to players in the financial sector

here:

ActorThe PromiseThe Reality
Financial ExecutivesBrilliant Risk ManagementCatastrophic Losses
Eliot SpitzerMr. Clean, Financial ReformerCelebrity Prosecutions, Real Abuses Untouched, and Not So Clean
CONGRESS:
Sarbanes-Oxley
Financial ResponsibilityLarge Costs, No Apparent Benefits
Basel Capital StandardsInternational Coordination, Sound BanksWorldwide Banking Collapse
Fannie, FreddieStable Mortgage CreditFed the Boom, Stuck Taxpayers with the Bust
TARPUnclog the Financial SystemZombie Banks
Big Fiscal StimulusPut the Economy on a Better PathWait and See

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