Monocular, Bourne Ultimatum

Obama stick the banks!

After the great financial crisis, which led to crack, some of the most important international banking giants, back to talking about banks.
What happened last year is nothing more than an epilogue, all already know, a tragedy in which the losers, if strange, were not the actors who staged the opera, but the public.
Large banks rather than devote themselves to their own public, the protection of savings, have become a preferred financial institutions that have invested in all directions, without any care, increasing their range, becoming themselves companies engaged in the most diverse and productive economic sectors.
This strong mix of interests between banks, who often hold the majority of the shares of the companies to whom they grant credit, combined with the excessive appetite of banks to provide liquidity in the U.S. and Anglo-Saxon system, has resulted in an economic-financial earthquake that led to failure, some of the largest investment banks overseas and beyond.
In all this, of course, the policy pursues and attempts to limit the damage. After the first failure, and especially after the crash of Lehman Brothers, the U.S. has been forced to leave the line free-speaking, at the expense of taxpayers, to interrupt the chain of failures.
Among the first to say a few words about what to do to avoid the recurrence of such situations, the economy minister Giulio Tremonti who, on the sidelines of the G20, called the banks to task, emphasizing that they "should not control the government" and adding that, having received large amounts of state funding, not could close the tap for small and medium-sized enterprises who need instead of cash for investment and innovation, only weapons against the crisis. Since then little else until it was President Obama to bring the matter to the attention of the media and public opinion.
The American president has proposed, in fact, new measures to limit the size and activities of banks, which can not invest more in hedge funds.
"American taxpayers should not be hostage to banks too big to fail". "My decision is only reinforced when I see you return to old practices in the companies that oppose the reforms, and when I see the growth in profits and obscene bonuses in some of the companies that claim to not be able to grant loans to small entrepreneurs," Obama said, referring to the bonuses paid this year to managers of large banks.
After ripping Obama were heard the voices of the Dragons, who as chairman of the Financial stabilty board declares:''The proposals announced yesterday by the United States fall within the range of options are being considered the FSB in its work to contain the risks posed by the institutions too big to fail''and German Chancellor Merkel who together with his Minister of Finance is preparing an international conference to establish new financial markets and accelerate the process of coordination before the next summit of G20 countries, held in June in Canada.
wait for the G20 to judge, trusting that the new U.S. course is really geared to the protection of depositors and taxpayers and not the more powerful banking lobby in Europe, America and the world.

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