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Comments on “How Can Central Banks Deliver Credible Commitment and be “Emergency Institutions” By Paul Tucker John H. Cochrane MayLet me start by summarizing, and cheering, Paul’s important points.
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Document Date: 2015-05-25 13:45:15

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Bear Stearns / Lehman / /

Continent

Europe / /

Country

United States / Portugal / Greece / /

Currency

USD / /

Event

Bankruptcy / /

IndustryTerm

bank / investment bank / banking / fractional reserve banking / communications technology / real estate-induced run / bankrupt banks / state telephone / /

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Isis / /

Organization

Congress / International Monetary Fund / US Federal Reserve / Basel committee / European Central Bank / U.S. Securities and Exchange Commission / army / /

Person

Paul Volcker / Paul Tucker John / /

Position

Captain / central banker / investment bank broker-dealer / /

Region

Latin America / /

Technology

communications technology / /

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