Tag Archives: banks

Al and Paul agree

This article appeared a couple years ago on my less-than-hacker-proof and now-defunct blog, howtostopabankrun.com. By Joel Thurtell Ain’t it neat? Al and  Paul agree. Al is Alan Greenspan, former chairman of the Federal Reserve Board who got it all wrong … Continue reading

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Canada’s banks

By Joel Thurtell I was pleased to see Nobel Prize-winning New York Times columnist Paul Krugman has discovered the benefits of banking in Canada. Finally. The rule here at JOTR is that we never gloat over other writers’ failings, since … Continue reading

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“Cathedral of finance”

By Joel Thurtell In the wee hours of Tuesday, February 14, 1933, Michigan’s new Democratic Governor William Comstock emerged from the posh Detroit Club after a long meeting of Detroit financiers and Lansing and Washington treasury bigshots. He turned right … Continue reading

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Banking and the perpetual screw job

By Joel Thurtell It’s terrible that execs of broke A.I.G. gave themselves $165 million in bonuses, tapped from public bailout money. And yes, it’s outragaeous that top dogs from failed Countrywide bank whose profiteering in sub-prime mortgages helped bring on … Continue reading

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Banks and “stress test” = bunkum

I don’t believe special “stress tests” are needed to show up the weak banks. Basic accounting will do. See my new post at www.howtostopabankrun.com. “How To Stop A bank Run: is my latest book project.

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Assets for sale!

[donation] By joel Thurtell Just came back from a reconnaisance mission. In my garage. The news is good! I have assets for sale, too. Just like those big Wall Street banks. I heard this trillion dollar federal bailout of the … Continue reading

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