Global finances have always rotated from and within banking institutions with are the major avenues in which money can be brewed. Around the world stock in relation to present economic and banking statistics, markets around banking institution have fallen. Banking institutions have seen a global melt down and this has been reflected in the universal financial meltdown. Basing from the publication developed by Dezember Ryan for The Wall Street journal in a discussion to show how Blackstone Gains from Banks, the author reveals the financial crisis and its pain of the present.
This article discusses how both private and public banks have succumbed to a meltdown brought by previous freedom of regulation. In the present, it is evident how it is cumbersome to own a banking institution because of the unstable trends in the banking system. Banks have shifted focus from entities that are less regulated to firms that offer equitable services and most customers doubt how the same banks are able to manage risks. A common problem experienced in the present is the global financial crisis that could only be avoided by banking institutions yet present economic models has become inconsiderate, non-influential and not vocal.
The global financial situation has become even more problematic because of the concerns and viewpoints developed by economists. This article basically provides an overview of how Blackstone-a private company has managed to squeeze profits from both public and private banks and how the situation is leading to a global financial crisis. It is evident in the present that the world is going through severe forms of financial crisis and the banking systems plus the developed policies might not be able to solve the problems. Developing countries are experiencing inflation as exchange rates, stock market prices increase thus reducing their financial performance.