Simon Johnson
Simon Johnson's Latest Articles | 101
John Dugan: Consumer Advocate Or Bank Defender?
In a quote potentially for the ages, John C. Dugan, Comptroller of the Currency since 2005, told the Senate Banking Committee yesterday, enforcement of consumer... Read »
How Are Community Bankers Helped by Consumer Rip-Offs Run by the Largest Banks?
The continuing ability of Big Finance to play our elected representatives, and thus the taxpayer, should surprise no one. This is about organized money against... Read »
Large vs Small Bank: What Is Ackermann’s Point?
Writing in the Financial Times yesterday, Josef Ackermann – CEO of Deutsche Bank (NYSE:DB) – argued that larger banks are not more dangerous to the health of... Read »
Traditional Chicago Economics Under Pressure: Thaler-Posner Debate
Richard Posner is against the proposed new Consumer Financial Protection Agency [CFPA]. This is, of course, not a surprise. Posner has always been an articulate... Read »
Who’s Afraid Of Consumer Protection from Financial Scams
The debate over re-regulation of the financial sector has finally, and irreversibly, turned partisan. This helps define issues in ways that may be more familiar... Read »
China’s Concerns About the Value of the Dollar
On Monday and Tuesday of this week, Treasury Secretary Geithner – and Secretary of State Clinton – meet with a high-level Chinese delegation. (Could someone... Read »
After Peak Finance: Larry Summers’ Bubble
There are three kinds of “bubbles” – a term often used loosely when asset prices rise a great deal and then fall sharply, without an obvious corresponding... Read »
It Seems the Fed Just Wants to Defend Its Turf
Ben Bernanke is opposed to the creation of a new Consumer Financial Protection Agency. Disregarding his organization’s disappointing track record in this regard,... Read »
What Will Barney Frank and His Committee Do?
At a hearing of the House Financial Services Committee yesterday, Barney Frank nicely summarized where we are with regard to re-regulation of our largest financial... Read »
Jamie Dimon v. Larry Summers
Jamie Dimon has won big. JPMorgan Chase now stands alone, both in financial position and political clout – including special access to the White House and,... Read »







