Category Archives: banking reform

R&R’s Raynes Commends Restraint on Blankfein Bonus

R&R Consulting principal Sylvain Raynes is quoted in a McClatchy News article on the bonus awarded to Goldman Sachs CEO Lloyd Blankfein. Read the full article by Greg Gordon, “Goldman’s Chief Gets Bonus of $9 Million in Stock,” in McClatchy Newspapers, February 5, 2010.

Also posted in Sylvain Raynes, subprime mortgage crisis | Leave a comment

Which Direction for Banking Reform?

Naked Capitalism’s Yves Smith makes a compelling case for the need for structural reform. She is spot-on about the significance of disintermediation for the banking industry and the need to decouple risk. Her lament—”I see perilous little grappling with the problem that [Bank of England’s Mervyn] King flagged, that of industry structure”—really resonates with me.
I believe […]

Also posted in structured finance, subprime mortgage crisis | Leave a comment
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