The Big Picture – ‘Too Big to Fail’

The Big Picture - ‘Too Big to Fail’ Britain’s  “too-big-to-fail”  banking groups  could be forced to hoard billions of pounds of extra capital as an insurance against future financial crises, after Alistair Darling decided against splitting them up. We,  at Step-Up Finance, wonder whether this is a reason, or an excuse, as to why the [...]
A Tale of Moral Hazard

A Tale of Moral Hazard

"The mechanism for improving the System works too slowly.  Every time attempts are made to finally patch-up one problem, cracks appear elsewhere"  "Moral Hazard" is the name given to a decision that can influence future behaviour, often for the worse, and usually the person who caused the problem doesn`t suffer the full (or any) consequences. [...]