tag:blogger.com,1999:blog-33693245.post5785364879775134057..comments2024-03-04T23:40:58.133+05:30Comments on The Big Picture: A comprehensive failure of regulationThe Big Picturehttp://www.blogger.com/profile/06018983225756352176noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-33693245.post-45712327272088601142009-01-22T15:59:00.000+05:302009-01-22T15:59:00.000+05:30Not sure how permanent public ownership ownership ...Not sure how permanent public ownership ownership of some banks reduces the systemic risk posed by private ownership. It might at the most change the type of risk. Greed and risk taking will be replaced by bureaucracy, political interference,... Which I think is equally bad or even worse in the long run.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-33693245.post-76539641304714029692009-01-20T15:25:00.000+05:302009-01-20T15:25:00.000+05:30Anonymous, about your earlier query, the FT had ca...Anonymous, about your earlier query, the FT had carried stories about possible changes at the top at Citigroup. As for the references you have sent on public ownership, what I am taking about is such ownership on a permanent basis, not a temporary cure.<BR/><BR/>-TTRT T Ram Mohanhttps://www.blogger.com/profile/06925858642839337950noreply@blogger.comtag:blogger.com,1999:blog-33693245.post-46014917127748039722009-01-20T11:21:00.000+05:302009-01-20T11:21:00.000+05:30Your radical thought endorsed by Krugman (http://w...Your radical thought endorsed by Krugman (http://www.nytimes.com/2009/01/19/opinion/19krugman.html?_r=1), Willem Buiter (http://blogs.ft.com/maverecon/2009/01/time-to-take-the-banks-into-full-public-ownership/) and Felix Salmon (http://www.portfolio.com/views/blogs/market-movers/2009/01/19/why-nationalization-is-the-best-alternative?tid=true)Anonymousnoreply@blogger.com