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	<title>Bob Pozen</title>
	<link>http://bobpozen.com</link>
	<description></description>
	<lastBuildDate>Wed, 03 Mar 2010 18:33:27 +0000</lastBuildDate>
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		<title>America’s budget deficit needs bipartisan action [FT]</title>
		<description><![CDATA[Although a bipartisan agreement will be hard to achieve in the current Washington environment, both parties should recognise that a package of entitlement reforms is less dangerous than an explosion of US interest rates in the coming years. 
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		<link>http://bobpozen.com/2010/03/america%e2%80%99s-budget-deficit-needs-bipartisan-action-ft/</link>
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		<title>A Selective Defense of &#8220;Too Big to Fail&#8221; [Barron&#039;s]</title>
		<description><![CDATA[ Reviewed by Jim McTague. Here&#8217;s an idea for curbing the rapine of all those financial executives thumbing their noses at the taxpayers who rescued them from ruin: Limit their annual salaries to $300,000 to $400,000, and institute three-year performance programs that award bonuses to good stewards, but not the bad.
That&#8217;s just one of several provocative ideas found in this thorough, intelligent and straightforward book by money manager Robert Pozen, which traces the ontogeny of the financial crisis and offers remedies &#8212; most of them delectably controversial &#8212; for preventing ...]]></description>
		<link>http://online.barrons.com/article/SB126722881793552751.html</link>
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		<title>The US public debt hits its tipping point [Boston Globe]</title>
		<description><![CDATA[CONGRESS RAISED the federal debt limit this month by $1.9 trillion to a record level of $14.3 trillion. Given the projected budget deficit for the next year, the gross public debt of the US government will probably hit that $14.3 trillion limit by the end of 2010. This huge expansion of public debt is not just an abstract concern of economists; it is likely to hurt the practical situation of most American families and firms.
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		<link>http://bobpozen.com/2010/02/the-us-public-debt-hits-its-tipping-point-boston-globe/</link>
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		<title>Cinderella&#8217;s moment [The Economist]</title>
		<description><![CDATA[A special report on financial risk.  Robert Pozen thinks bank boards would be more effective with fewer but more committed members, suggests assembling a small cadre of financially fluent “super-directors” who would meet more often—say, two or three days a month rather than an average of six days a year, as now—and may serve on only one other board to ensure they take the job seriously.]]></description>
		<link>http://bobpozen.com/2010/02/cinderellas-moment-the-economist/</link>
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		<title>Too Big to Save? [C-SPAN]</title>
		<description><![CDATA[Robert Pozen looks at the causes of the 2008 financial collapse and says that the financial system needs to be reformed so that we don&#8217;t see a repeat down the road.  He argues for changing the incentive system on Wall Street and calls for strengthening the government regulation of  financial markets.       (1 hours, 9 minutes)  
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		<link>http://bobpozen.com/2010/02/too-big-to-save-c-span/</link>
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		<title>Financial crisis served up with relish [Financial Times]</title>
		<description><![CDATA[After two and a half years of relentless financial pounding, the crisis literature is becoming mountainous. To command the weary reviewer's attention, any new book on the aberrations of the financial community has to have a clear focus and make a compelling case. In Too Big To Save? Robert Pozen, chairman of mutual fund group MFS Investment Management and a former vice-chairman of Fidelity Investments, pulls off the trick.]]></description>
		<link>http://bobpozen.com/2010/02/financial-crisis-served-up-with-relish-financial-times/</link>
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		<title>Lessons for the American housing market [Financial Times]</title>
		<description><![CDATA[American subsidies are justified as necessary to promote home ownership in the US. Indeed, the rate of home ownership in the US rose to 68 per cent by 2006. Yet, without these governmental subsidies, the rate of home ownership in Canada also rose to 68 per cent in 2006. This comparison suggests that the large American subsidies for home purchases have led to higher home prices in the US rather than significant increases in the rate of US home ownership.
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		<link>http://bobpozen.com/2010/01/lessons-for-the-american-housing-market-financial-times/</link>
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		<title>Author Robert Pozen Addresses How to Fix The System [PBS Nightly Business Report]</title>
		<description><![CDATA[Interview by Tom Hudson.  Author Robert Pozen Addresses How to Fix The System. 
 Transcript available.

TOM HUDSON: Just as there`s no shortage of blame for the near collapse of American banks, there`s also a long list of ideas for how to fix finance: a pay czar, more rules on derivatives, even smaller banks. Earlier today, I spoke with Robert Pozen, chairman of MFS Investment Management and author of &#8220;Too Big to Save? How to Fix the U.S. Financial System.&#8221; I began by asking him if the reform efforts so ...]]></description>
		<link>http://bobpozen.com/2010/01/author-robert-pozen-addresses-how-to-fix-the-system-pbs-nightly-business-report/</link>
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		<title>Stop the Federal Guarantees [Huffington Post]</title>
		<description><![CDATA[The administration could give the big banks a choice -- replace your guaranteed debt with newly issued non-guaranteed bonds, or pay the US Treasury $6 billion representing the remaining value of this federal guarantee over the next two years. This would not be a punishment; it would be the fair thing to do for US taxpayers.]]></description>
		<link>http://bobpozen.com/2010/01/stop-the-federal-guarantees-huffington-post/</link>
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		<title>A mistake that will make banks riskier [Financial Times]</title>
		<description><![CDATA[If Glass-Steagall were reinstated, we would be recreating the short-term funding weakness that forced Bear Stearns and Lehman Brothers into insolvency. 
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		<link>http://bobpozen.com/2010/01/a-mistake-that-will-make-banks-riskier-financial-times/</link>
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