Friday, April 4, 2008
Moral Hazard and the Banks
Steve Waldman has a wonderful post at http://www.interfluidity.com/ on 1 April 2008 concerning moral hazard and debt guarantees. He is critical of: Yves Smith among others. Go get 'em Steve.
I am a CPA in Texas with an MBA from the University of Chicago. I have seen a lot and made many mistakes. Hopefully by now I will have learned something from them. Just as importantly, you may learn something from my mistakes. You can e-mail me by clicking on my "View my complete profile".