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Blog Post: RobertPestonBlog: UK banks "still need strengthening"

March 23, 2012 by MoneyScience   Comments (0)

The Bank of England's Financial Policy Committee says that the UK's big banks do not have enough capital "to ensure resilience in the face of the prospective risks".read more...

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Blog Post: TimingLogic: Bernanke: Gold-Backed Money Is Not The Answer. He's Right.

March 23, 2012 by MoneyScience   Comments (0)

I have defended Bernanke on here before for not allowing the system to collapse and causing massive chaos in our society.  But I also said that after these corrupt Wall Street firms were saved, they should be broken up.  These “free market” (mythical) nut jobs who criticize Bernanke for saving us from complete chaos believe we need to let society collapse and pick up the pieces to absolve ourselves of the excesses in our economy, are completely wrong.   They generally...

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