Sudip Bandyopadhyay’s Blog

“All causes are beginnings,” wrote Aristotle in Metaphysics.  The financial crisis that began in the summer of 2007 has produced the biggest global financial, economic &  liquidity shock since the 1930s. As a conequence,  so much taxpayers money is being spent in US and Europe on bailing out the banks that many of them, once [...]

So much taxpayers money is being spent in US and Europe on bailing out the banks that many of them, once significant global players, will be forced to focus on domestic lending to give taxpayers a bang for their buck. Banks that accept state aid are under a lot of political pressure to expand their [...]

Eliminating fraud may need a change in attitude among investors.  Life, after all, is volatile.  Economies do not grow at a steady rate for ever, as the world is discovering; indeed, previous attempts to avoid downturns may have created the conditions for this recession to be especially severe.  Markets do not rise at a steady [...]