Simon Johnson
Simon Johnson's Latest Articles | 101
Is the ‘Volcker Rule’ More than a Marketing Slogan?
At the broadest level, Thursday’s announcement from the White House was encouraging – for the first time, the president endorsed potential new constraints on... Read »
Krugman for the Fed
The case for Ben Bernanke’s reappointment was weak to start with, weakened with his hearings, and is now held together by string and some phone calls from the... Read »
Tim Geithner Needs to Get with the Program
The details of the new White House banking policy are somewhat vague and in places borderline incoherent – e.g., what exactly does “The President’s proposal... Read »
3 Specific Questions that Bernanke Must Answer
Ben Bernanke’s reconfirmation as chair of the Federal Reserve is in disarray. With President Obama having launched, on Thursday morning, a major new initiative... Read »
As Is?
As Is? … The White House background briefing is that their proposals would freeze biggest bank size “as is” — this makes no sense at all. Twenty years... Read »
Paul Volcker Prevails
Paul Volcker, legendary central banker turned radical reformer of our financial system, has won an important round. The WSJ is now reporting: President Barack... Read »
A Trap of Their Own Design
At this stage in the electoral cycle, Democrats should be running hard against big banks and their consequences. Some roots of our current economic difficulties... Read »
The Citi Never Weeps
On the first day of the Financial Crisis Inquiry Commission, Phil Angelides demonstrated a gift for powerful and memorable metaphor: accusing Goldman Sachs (GS)... Read »
“I Do Not Blame the Regulators”
Jamie Dimon has all the best lines. In May 2009, he told JPMorgan Chase (JPM) shareholders that 2008 was probably “our finest year ever.” That was before he... Read »
Bank Tax Arrives
The Obama administration tipped its hand today – they are planning a new tax of some form on the banking sector. But the details are deliberately left vague... Read »






