{"id":576634,"date":"2010-05-24T13:59:08","date_gmt":"2010-05-24T17:59:08","guid":{"rendered":"http:\/\/blogs.reuters.com\/james-pethokoukis\/?p=3894"},"modified":"2010-05-24T13:59:08","modified_gmt":"2010-05-24T17:59:08","slug":"the-danger-of-small-banks","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/576634","title":{"rendered":"The danger of small banks"},"content":{"rendered":"<p><a href=\"http:\/\/www.nytimes.com\/2010\/05\/24\/business\/24strategy.html?ref=politics\">Binyamin Appelbaum<\/a> of the <em>NYT<\/em> tries to simply things for me: \u00a0&#8221;Broadly speaking, there were two ways for the federal government to respond to the financial crisis. The Obama administration chose more regulation.&#8221;<\/p>\n<p>And that is bad news because regulators and their political overlords like bailouts with taxpayer money rather than market discipline. But shrinking the banks, while superficially appealing, is no magic bullet &#8212; as this <a href=\"http:\/\/www.voxeu.org\/index.php?q=node\/5083\">Italian study<\/a> argues: \u00a0&#8221;A world with only small and domestic banks is no safer. The key benefit of multinational banks \u2013 being able to mobilise funds across countries \u2013 could still be extremely useful for maintaining stability in times of distress.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Binyamin Appelbaum of the NYT tries to simply things for me: \u00a0&#8221;Broadly speaking, there were two ways for the federal government to respond to the financial crisis. The Obama administration chose more regulation.&#8221; And that is bad news because regulators and their political overlords like bailouts with taxpayer money rather than market discipline. But shrinking [&hellip;]<\/p>\n","protected":false},"author":1063,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-576634","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/576634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1063"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=576634"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/576634\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=576634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=576634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=576634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}