Comments on: Bair and Bernanke Back Size Disincentives For Banks http://www.nakedcapitalism.com/2009/07/bair-and-bernanke-back-size.html Sun, 22 Nov 2009 21:02:38 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Anonymous http://www.nakedcapitalism.com/2009/07/bair-and-bernanke-back-size.html#comment-50540 Anonymous Wed, 15 Jul 2009 17:11:53 +0000 http://www.nakedcapitalism.com/2009/07/bair-and-bernanke-back-size-disincentives-for-banks/#comment-50540 I'm with Mobius<br /><br />Mobius Says Derivatives, Stimulus to Spark New Crisis <br /><br />“Political pressure from investment banks and all the people that make money in derivatives” will prevent adequate regulation, said Mobius, who oversees $25 billion as executive chairman of Templeton in Singapore. “Definitely we’re going to have another crisis coming down,” he said in a phone interview from Istanbul on July 13. <br /><br />http://www.bloomberg.com/apps/news?pid=20601109&sid=ajsCDAWaoANg<br /><br />This US government is strong enough to mop up the private financial sector risk this time around but the next crisis will be too large for even the Feds to absorb and it will bring the whole world/dollar economy down with it. You will only see true reform when bankers are in fear of their lives. I'm with Mobius

Mobius Says Derivatives, Stimulus to Spark New Crisis

“Political pressure from investment banks and all the people that make money in derivatives” will prevent adequate regulation, said Mobius, who oversees $25 billion as executive chairman of Templeton in Singapore. “Definitely we’re going to have another crisis coming down,” he said in a phone interview from Istanbul on July 13.

http://www.bloomberg.com/apps/news?pid=20601109&sid=ajsCDAWaoANg

This US government is strong enough to mop up the private financial sector risk this time around but the next crisis will be too large for even the Feds to absorb and it will bring the whole world/dollar economy down with it. You will only see true reform when bankers are in fear of their lives.

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