macro-prudential supervisor love

macro-prudential supervisor

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  • A proposed master watchdog/regulator for the US who would oversee and monitor the capital markets to detect and prevent the systemic failure and effect on the US economy of giant multinational institutions that wield enormous financial power around the world; to watch out for trends and situations such as those that eventually contributed to the deep recession in the US in 2008-2010. Hey - a good thing no?

    July 25, 2009

  • Oh, for God's sake, why don't they just come clean and use the job title "high priest" or "witch doctor"?

    Even if there were someone alive with the necessary skills and political savvy, you can bet your bottom dollar that they have an undeclared alien taking their pets to doggy daycare or manicuring their erotic topiary garden or something, so that they would never make it through the confirmation circus.

    July 25, 2009