Deregulation Rallies Bank Stocks, But Be Aware Of The Risks
Bank shares rally predictably on the prospect of financial deregulation. They did so twice in the past 6 months already. However, financial deregulation is very risky as the cost of […]
Does Dodd-Frank work?
At the same time, it has been shocking to witness how quickly so many people in Washington have forgotten the lessons of the crisis. Financial regulation made simple..
Financial regulation made simple..
Title I of Dodd-Frank empowers the Financial Stability Oversight Council to bring these kinds of “shadow banks” under prudential supervision by the Fed. Of course, that law was enacted three […]
Financial regulations made simple..
Does the idea of a safe, regulated, core set of activities, and a less safe, less regulated, non-core make sense? No. The idea of a safe, regulated, core set of […]
Volcker is right once again
Restore the law that could have saved us from so much trouble….
Voting against financial regulation??
In the face of what happened the past years? Difficult to explain, unless one looks at how the political process works… Not always to the advantage of the nation.
How to mend the financial system
Simon Johnson is the former chief economist of the IMF. When he speaks one should listen. He previously wrote by far the best diagnosis of what’s wrong with American financial […]