It’s no secret that the risky lending schemes that helped cause New York’s economic collapse took place in full view of the individuals who are supposed to keep tabs on such matters: bank regulators. “It is not that there were no rules. It is that there were so many rules that the risk of the complex investment instruments was difficult…
Tag: Albany New York
Good to Know: religion-politics NOT a rocky relationship
During his week-long residency at The College of Saint Rose, retired U.S. diplomat Stevenson McIlvaine stopped off at Associate Professor Jeff Marlett’s theology and politics class in Albertus Hall. “Theology and politics, what a mix. Think of all the trouble the world has gotten into,” opined McIlvaine, who was posted in Congo, Somalia, Egypt and South Vietnam during 20 years…