tag:blogger.com,1999:blog-5613349802102193582.post2123291219771741750..comments2023-12-22T23:56:04.826+11:00Comments on Houses and Holes: Who's to blame for bank populism?David Llewellyn-Smithhttp://www.blogger.com/profile/01762856583909059662noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-5613349802102193582.post-15779566427680818452010-11-24T17:16:32.536+11:002010-11-24T17:16:32.536+11:00Touche!Touche!David Llewellyn-Smithhttps://www.blogger.com/profile/01762856583909059662noreply@blogger.comtag:blogger.com,1999:blog-5613349802102193582.post-14529151484758679932010-11-24T16:55:46.877+11:002010-11-24T16:55:46.877+11:00Can you explain what "a sound but quite delic...Can you explain what "a sound but quite delicate system" is, because a sound banking system is robust and resiliant, not "quite delicate".<br /><br />Any banking sysem can be knocked around by events - that is what risk management if for. If the banking system is quite delicate, then the sooner it is examined the better!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5613349802102193582.post-78995461018871535612010-11-24T15:26:38.607+11:002010-11-24T15:26:38.607+11:00"a banking system that has served the economy..."a banking system that has served the economy well during a stressful and threatening period"<br /><br />A banking system that serves the economy well would not require the government to intervene with government guarantees as the first sign of trouble. <br /><br />If the government is implicitly underwriting banks high risk assets then surely the government should have some say in how they are being managed. You get nothing in life for free... unless you a bank apparently.Anonymousnoreply@blogger.com