There are actually two other key central bankers, Hjalmar Schacht of Germany and Émile Moreau of France, in Liaquat Ahamed’s new book about the causes of the Great Depression, Lords of Finance: The Bankers Who Broke the World—but I felt the title for this post was getting a little long. I talked to Ahamed a few [...]
Back in mid-December, after I wrote a post about some numbers from the Office of the Comptroller of the Currency (OCC) that seemed to show loan modifications don’t work so well, a reader of this blog suggested that the data release might be politically motivated—that the Bush administration, no fan of Sheila Bair’s crusade to [...]
