スヌーピーを責めるな、ビル・クリントンを責めろ
Paul Krugman’s recent rant in the New York Times about the impact of Judge Rosemary Collyer’s ruling on whether Met Life is to big to fail is not only misguided but, well, just plain wrong. While he is correct in that other firms will now challenge their own status, he is wrong to blame Met Life and its mascot Snoopy for the impending undoing of the global financial system. The real enemy here is not the judge, Congress, Met Life or even Snoopy, but rather Former Treasury Secretary Robert Rubin and President Bill Clinton. Under Rubin’s Treasury reign, not long before he took an executive role at Citigroup, he and […]