Tuesday, March 26, 2013

Risk Analysis - Cyprus

Memes such as Too Big To Fail, Privatize Gains and Socialize Losses, Casino Wirtschaft, and others attempt to describe the negative aspects of complex banking business models in a way that is simple and easily accessible to many.

Jeroen Dijsselbloem has been the public face of the EU's recent attempt to reapportion banking risk between sovereigns and the private sector...via a 'new' business model.  He is a government minister from the Netherlands and the head of the eurozone group of finance ministers.  In spite of this or perhaps because of this he is experiencing a tough fight and an uncertain outcome.


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