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Tag Archives: debt
Just like the American family!
Two high profile bipartisan budget commissions have been working on plans to return the US to fiscal balance. One, under the auspices of the Bipartisan Policy Center (a non-profit group), is chaired by former Senate Budget Committee Chairman Pete Domenici … Continue reading
Posted in government budget
Tagged Alan Simpson, Alice Rivlin, debt, Erskine Bowles, pete domenici
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Bank capital and why it is important
Since I will return to the subject of bank capital, it is probably worth spending a few lines describing what it is and why it is important. You can’t start a bank—or any new enterprise, for that matter—without some start-up … Continue reading
Posted in financial regulation
Tagged bank capital, cash flow, debt, dividends, equity, information asymmetry. regulation
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