regulation

The Investors' Working Group, an independent coalition of leading lights in economic policy and finance has issued a final paper of recommendations on regulatory reform in the United States.  They do NOT want the Federal Reserve as…

Reuters is reporting that the ratings agencies are about to get into some serious legal problems.  You see,during the bubble years, the ratings agencies gave a gold-standard AAA rating to what now seems to be dubious investment…

Last week, I followed up Yves Smith’s excellent post on “Why Big Capital Markets Players Are Unmanageable” with “More on why big capital markets players are unmanageable.” I would like to extend the discussion beyond the U.S. border into a…

Yves had a very good post yesterday called “Why Big Capital Markets Players Are Unmanageable” on banks: the former i-banks and commercial banks.  The biggest takeaway for me came from her statements regarding the level of responsibility…

George Soros believes regulators “will always be wrong.” But, he does not feel that gives them an excuse to fall asleep at the wheel. In this video conversation with the Wall Street Journal’s Alan Murray, Soros makes the case for regulatory…

Here is more from Dylan Ratigan’s new show on MSNBC.  Arianna Huffington and Eliot Spitzer were guests.  They all have noticed that Barack Obama has spent an inordinate amount of political capital and money on the financial…

Dylan Ratigan, a former host on both Bloomberg Television and CNBC has a new gig over at CNBC.  Ratigan has been especially harsh in criticizing the financial services industry and its role in the recent global meltdown.  Below,…

Here’s a conspiracy theory for you.  As I am not much of a conspiracy theorist, I ill keep this one pretty simple. Here’s the chain of events. Back in late September when the world was falling apart, Ben Bernanke, Tim Geithner and Hank…

I was catching up with some of my reading when I happened across a quote from 1930 twice, which led me to write this post on how poor the Obama reform agenda really is. And I want ask you: is Obama Change you can believe in? The first…

Note from 15 Sep 2010: On the second anniversary of the Lehman bankruptcy, it bears noting that the sway government has over the banking sector has diminished. The Big Bank CEO Phil has done the prudent thing regarding lending standards.…