The Wall Street Journal reports that Stanley Fischer, governor of the Bank of Israel, is examining a formal bid to head the International Monetary Fund, said an official familiar with his thinking, and figures he has an outside shot at the job if there is a deadlock in the voting. Mr. Fischer, a former deputy…
Note: I’ve corrected this post in light of the comments below that produced the text I was unable to find. In my blog post the other day about the Netanyahu government’s moves toward regulating the Israeli finance industry, I meant to elaborate about the role of Stanley Fischer, the governor of the Bank of Israel,…
There was a little business story in today’s Haaretz that you probably overlooked. It’s a real eye-opener. It’s about steps being taken by Israeli Prime Minister Netanyahu to reform the regulation of the finance industry. But what it’s really about is how a determined political system can stop bankers from taking over, wrecking the economy…
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