Governments need to be authorized to provide 'open bank assistance.' The convolutions of Dodd-Frank aimed at 'avoiding' this tactic are ludicrous and will prove to be extremely costly to the system. Paul Singer aimassistanceauthorize Change image and share on social
The Orderly Liquidation Authority prescribed by Dodd-Frank should be repealed and replaced by an amendment to the U.S. Bankruptcy Code which would operate to prevent cross-default provisions from impacting derivatives books so long as mark-to-market payments are being made in a timely fashion. Paul Singer amendmentauthoritybankruptcy share on social
So many people, including stark conservatives, have family members and close friends who are gay. Paul Singer closeconservativefamily Change image and share on social
What you have in legacy countries is long-term insolvency. Paul Singer countryinsolvencylegacy Change image and share on social
It is impossible to understand the financial health of big financial institutions and their potential impact on the market. They don't even understand it themselves. Paul Singer bigfinancialhealth Change image and share on social
'What am I missing?' is a much more important question than 'How cool am I?' Paul Singer coolimportantmiss Change image and share on social
In both the U.S. and Europe, the budget and balance sheet numbers do not work. When 'off-balance sheet' promises are taken into account, the U.S. and most countries of the Euro zone are insolvent. Paul Singer accountbalancebudget Change image and share on social
The world, in terms of choices available to educated, ambitious workers and entrepreneurs, is way bigger than just the United States, Japan and Europe. Paul Singer ambitiousbigchoice Change image and share on social
Resentment is not morally superior to earning money. Paul Singer earnmoneymorally Change image and share on social
The building block of every community is family. Paul Singer blockbuildcommunity Change image and share on social