Happy 2011: Europe’s Year of Reining in the Banks

Hill

The start of 2011- let’s call it Year Two A.G. (“After Greece” debt crisis) – has brought both good and bad news on the economic front. The bad news is that 2 A.G. is beginning much like 1 A.G. ended, with headlines about government debt and default, this time focused on Portugal and Spain. The [...]

After the Crisis – Business as ususal?

CC Daveybot photostream on Flickr

More and more indicators seem to suggest that as the economic crisis becomes milder (at least for now), politics and economics are moving back to business as usual. The banks are back to big profits and the bankers back to big bonuses. No more talk about the near collapse of only a few months ago. [...]