http://www.theworld.org/2012/02/why-a-greek-departure-from-the-eurozone-might-damage-dollar/?utm_source=rss&utm_medium=rss&utm_campaign=why-a-greek-departure-from-the-eurozone-might-damage-dollar Global Perspectives for an American Audience Tue, 12 Feb 2013 14:49:00 +0000 hourly 1 http://wordpress.org/?v=3.4.2 http://www.theworld.org/2012/02/why-a-greek-departure-from-the-eurozone-might-damage-dollar/comment-page-1/#comment-23524 Anonymous Fri, 17 Feb 2012 00:55:00 +0000 http://www.theworld.org/?p=107253#comment-23524 I think that banks suspending dividend payments would certainly signal to investors that those banks are in trouble, and they'd see their share prices fall.  Mr. Johnson seems to be suggesting that the government should direct banking firms to cut dividends and put on their raincoats against the nearing storm. Sure, it is coming, but Mr. Johnson's insights would, it seems to me, create an over-reactive panic.  Investors, including and especially IRA, 401(k) and 403(b) owners should think about proctecting themselves against it. But what to do, beyond hoping the regulators will do something to save us all, is not clear.  Mr. Johnson didn't say, and I wish I knew.  I think that banks suspending dividend payments would certainly signal to investors that those banks are in trouble, and they’d see their share prices fall.  Mr. Johnson seems to be suggesting that the government should direct banking firms to cut dividends and put on their raincoats against the nearing storm. Sure, it is coming, but Mr. Johnson’s insights would, it seems to me, create an over-reactive panic.  Investors, including and especially IRA, 401(k) and 403(b) owners should think about proctecting themselves against it. But what to do, beyond hoping the regulators will do something to save us all, is not clear.  Mr. Johnson didn’t say, and I wish I knew. 

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