Paul Lachine

太大而管不了

华盛顿—在论及美国最大金融机构是否太大时,各种观点莫衷一是。两年前,在多德-弗兰克金融改革法争论中,几乎无人认为全球大银行代表了紧迫的问题。一些知名参议员甚至建议以超大型欧洲银行作为美国银行的模板。

无论如何,在大银行CEO们看来,政府都不能限制它们的资产规模,因为这样做会破坏美国经济的生产率和竞争力。这种观点至今仍不绝于耳,但大多只来自受雇于全球大银行者,包括这些银行的律师、顾问和豢养的经济学家。

其他人都转变了观点,认为这些金融巨兽太大、太复杂,根本难以管理,对整体经济有太多的不良影响。而每次这类银行的CEO被迫辞职,都会曝出各种各样的证据,表明这些组织已经无法可靠地进行管理,无法为股东带来可持续价值,无法让纳税人免于损失。

To continue reading, please log in or enter your email address.

Registration is quick and easy and requires only your email address. If you already have an account with us, please log in. Or subscribe now for unlimited access.

required

Log in

http://prosyn.org/7rZ7LTM/zh;
  1. China corruption Isaac Lawrence/Getty Images

    The Next Battle in China’s War on Corruption

    • Chinese President Xi Jinping knows well the threat that corruption poses to the authority of the Communist Party of China and the state it controls. 
    • But moving beyond Xi's anti-corruption purge to build robust and lasting anti-graft institutions will not be easy, owing to enduring opportunities for bureaucratic capture.
  2. Italy unemployed demonstration SalvatoreEsposito/Barcroftimages / Barcroft Media via Getty Images

    Putting Europe’s Long-Term Unemployed Back to Work

    Across the European Union, millions of people who are willing and able to work have been unemployed for a year or longer, at great cost to social cohesion and political stability. If the EU is serious about stopping the rise of populism, it will need to do more to ensure that labor markets are working for everyone.

  3. Latin America market Federico Parra/Getty Images

    A Belt and Road for the Americas?

    In a time of global uncertainty, a vision of “made in the Americas” prosperity provides a unifying agenda for the continent. If implemented, the US could reassert its historical leadership among a group of countries that share its fundamental values, as well as an interest in inclusive economic growth and rising living standards.

  4. Startup office Mladlen Antonov/Getty Images

    How Best to Promote Research and Development

    Clearly, there is something appealing about a start-up-based innovation strategy: it feels democratic, accessible, and so California. But it is definitely not the only way to boost research and development, or even the main way, and it is certainly not the way most major innovations in the US came about during the twentieth century.

  5. Trump Trade speech Bill Pugliano/Getty Images .

    Preparing for the Trump Trade Wars

    In the first 11 months of his presidency, Donald Trump has failed to back up his words – or tweets – with action on a variety of fronts. But the rest of the world's governments, and particularly those in Asia and Europe, would be mistaken to assume that he won't follow through on his promised "America First" trade agenda.