This week I came across two items that I think are worthy of being in Outside the Box, so I am going to give you both. The first is an essay by good friend Paul McCulley, Managing Director of PIMCO, called "Saving Capitalist Banking from Itself." The second is a recent speech by Paul Volker...
John Mauldin's Outside the Box
Filed under: Filed under: The Fed, Paul McCulley, Banks, Government, Pimco, Bank Failures, Bailout, Economic Crisis, Minsky, Economic Policy, Paul Volker