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  1. yes, and easy to implement - ust have a narrow and enforceable definition of "traditional instruments", and ut everything else into "innovative.

  2. yes. impose rules on a risk-weighted basis and on a simple balance sheet basis. Impose standard rules for all (ie don't let banks make up their own rules). Forbid entities that are no so regulated from holding any 'traditional instruments'

  3. yes. Board members and Credit Committee members come to mind.

  4. That will never work. This has to be solved by increasing marginal tax rates.

  5. Bah. Whatever for?

  6. No, bad idea.

  7. covered under 1 above.

  8. bah. Not gonna happen.


In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Fri Oct 10th, 2008 at 08:00:44 AM EST
6. No, bad idea.

Could you elaborate on that? Not because I disagree, but because I haven't made up my mind. (For example, re what happened to Hungarian bank OTP yesterday, could short-selling not be used manipulatively to get good companies on the cheap in bad times?)

*Lunatic*, n.
One whose delusions are out of fashion.

by DoDo on Fri Oct 10th, 2008 at 01:09:55 PM EST
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