It resonates again in these days of corrupt banks, compromised politicians and paedophile priests.
Once a top ten website, it has failed to capitalise on commercial opportunities.See article: High-water mark for the PC industryDespite the efforts of the Banque de France to get the warring banks to compromise, France's bank battle continues to rage.
These economists worry that a broke central bank might compromise its independence by going cap in hand to the government, asking to be recapitalised.
Yet another concern for Mr. Schäuble was whether placing so much supervisory power within the European Central Bank could lead the central bank to compromise its decisions on monetary policy — if, for example, the E.C.B. were setting interest rates while also trying to oversee politically sensitive issues like bank bailouts.
Putting the ECB in charge of banks might compromise its focus on price stability; and bank supervision may lead to euro-wide bank-deposit insurance, which would transfer risks from weak countries to strong ones in an opaque manner.A fear of hidden transfers of risk explains widespread alarm in Germany caused by the size of the Bundesbank's "Target2" claims.
Even as Mr. Trichet framed his actions in terms of monetary policy, he faced increasing criticism that the central bank had compromised its sacred independence from politics.
Mr. McConnell, he said, voted to rescue Wall Street banks and compromised on a tax increase this year to avoid a fiscal crisis.
By creating a risk-free business for the banks, government compromised its essential impartiality.
As is the case too often on Capitol Hill, the revolving door between government jobs and the banking industry compromises too many decisions.
"Ultimately, the bank reached a compromise with Mr. Hagan," the report said.
In a compromise, banks were scheduled to detail their holdings of Greek, Spanish, Portuguese and other sovereign bonds.
