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The pyramid principle

Economist Original article ›

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Except for a couple of investment banks at the top which are also taking on high levels of trading risk, the test of the pyramid of American banks is shaky says the Economist. The banks at the bottom, the smaller banks are in deep deep trouble, with CreditSights estimating that upto 1100 of 8200 of these smaller banks needing help from the FDIC to wind down. And the other banks like Citigroupa and BofA with some state ownership in amessy situation with bad loans.

Bank Cleanup Options of bad bank, guaranteeing assets, and nationalization reviewed in the 2008 financial crisis

01/17/2009

Economist, NYT and experts look at the options for cleaning up the bad debt at banks.

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Irreversible Damage: Why Little Action on Banking Can Do Great Harm.

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The Big Dither

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Obama’s Ersatz Capitalism

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Wall Street Voodoo

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RBS Nears Nationalization

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Should Obama seize Citigroup

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Nationalization of banks in the U.K.

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With the collapse of RBS and other banks nationalization is increasingly being considered as a serious option.

Grouped Articles

Bank Bailout Blues Stall U.K. Recovery

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RBS Chief To Step Down

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Irreversible Damage: Why Little Action on Banking Can Do Great Harm.

New York Times 04/30/2010

Obama’s Ersatz Capitalism

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Gordon Does Good

New York Times 10/13/2008

Britain leads the way in requiring more liquidity at banks and in getting agreement to limit bonuses.

02/04/2009

Grouped Articles

Banks Seek Bonus Alternatives

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Royal Bank of Scotland to Slash Costs as Losses Deepen

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Bailed-Out Royal Bank of Scotland Sees Years of Losses

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Wall Street Bonuses Are an Outrage

Wall Street Journal 02/04/2009

In U.K., Getting Tough With Nationalized Banks

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U.K. Bankers to Wait Seven Years for Bonuses

Wall Street Journal 06/24/2015


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