Norbert F. Tofall

For Norbert F. Tofall's latest contributions to The Japan Times, see below:

Aug 21, 2012

Calling the banks' bluff that they cannot perish

The G-20′s decision in November 2008 not to let any systemically relevant bank perish may have seemed wise at the time, given the threat of a global financial meltdown. But that decision, and bad policies by central banks and governments since then, has given ...