TITLE

ALL BETS ARE ON

AUTHOR(S)
James, David
PUB. DATE
November 2011
SOURCE
BRW;11/3/2011, Vol. 33 Issue 43, p58
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
In the article, the author discusses the developments in the banking industry, particularly in Australia. He presents an application of the so called Gollemph syllogism in the modern banking sector, including the bailing out of bankers with taxpayers' money even if they broke the rules. He examines the reasons why banks implement interest rate declines so long and interest rate increases immediately.
ACCESSION #
78402724

 

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