Jim Allen, CFA

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Jim Allen, CFA, is head of Americas capital markets policy at CFA Institute. The capital markets group develops and promotes capital markets positions, policies, and standards.

Cyprus and Ohio: Mirror Images in Grab for Savers’ Money

Cyprus

Cyprus is ponderously pondering how to fill a gaping financial hole, including whether and how much to appropriate from its depositors, domestic or otherwise. Ohio, having solved its budget crisis, is considering a regular tax on savers and investors to broaden its tax base and prevent a recurrence of the $8.8 billion budget deficit it had eliminated over the past two years. Read more

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