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Moral Hazard

The China Debate

Stephen G. Cecchetti | Posted 08.03.2016 | Business
Stephen G. Cecchetti

Note to editors: This post is coauthored with authorized HuffPo blogger Kermit Schoenholtz. China's rapid credit expansion is worrying. Will Chinese ...

What the U.S. Could Learn From Iceland

Kevin Price | Posted 08.18.2016 | Business
Kevin Price

I feel really behind the curve, but I only recently discovered that the United States actually has an official "too big to fail list." Essentially, this is a list of companies that have been sanctioned by the government as getting a guaranteed pass, no matter how economically ruined it becomes.

Citigroup: Systemic Risk and Moral Hazard

John Harrington | Posted 06.15.2015 | Business
John Harrington

No one needs to remind us of the cataclysmic U.S. economic crisis and resulting great recession beginning in 2008, primarily caused by excessive speculation in housing mortgage financing and the leveraging of exotic financial instruments.

CNBC's Jim Cramer: Make Money, Don't Moralize

Timothy J. Barnett | Posted 02.21.2015 | Politics
Timothy J. Barnett

Once a nation turns its back on a resolute determination to cultivate moral deservedness, political and financial superintendency passes to those who gain power illegitimately--a fact described eloquently by President Theodore Roosevelt.

"I Regard the [Wall Street] Moral Environment as Pathological"

Janet Tavakoli | Posted 06.18.2013 | Business
Janet Tavakoli

I've posted many commentaries about widespread fraud in the financial system, ineffective regulation, moral hazard, and why, without reform, we are doomed to repeat this pattern. This time let's hear from someone else who shares his views with eloquence.

Demote, Defang DeMarco

Leo W. Gerard | Posted 10.13.2012 | Business
Leo W. Gerard

This guy, Edward DeMarco, the acting head of the Federal Housing Finance Agency, is deliberately damaging America -- promoting foreclosures, high unemployment and excessive taxes. He has got to go.

Surprised? Those Big Banks That Got Taxpayer Money Are Still Taking Huge Risks

The Huffington Post | Bonnie Kavoussi | Posted 03.07.2012 | Business

The big banks that critics claim caused the financial crisis may have gotten bailed out, but they apparently haven't learned their lesson. Large b...

The Debt Iceberg: What's at Stake?

Lydia Fisher | Posted 01.11.2012 | Business
Lydia Fisher

In 2008, private-sector bad debts were absorbed by governments. Who will absorb government debts? Will the only outlet be expansionary monetary policy?

'Moral Hazard' In Health Care: Duplicity On Steroids

John Geyman | Posted 11.22.2011 | Politics
John Geyman

When will logic, common sense, evidence and fairness take center stage for health policy makers and legislators? The way things are going could well be called legislative malpractice.

Who's Cost-Shifting Now?

Deane Waldman | Posted 11.07.2011 | Politics
Deane Waldman

Everyone agrees that healthcare spending is out of control and the cost spiral is unsustainable. The cure for this sickness seems, however, elusive.

Is Capitalism Moral? Wrong Question...

Pierre Whalon | Posted 09.21.2011 | Business
Pierre Whalon

As we contemplate the inability of the economy to lift itself out of the depression that has devastated our common life, there is a temptation to say that capitalism is all wrong, immoral.

"A Moral Disaster" Coming Near You, Produced by Wall Street and Washington

Lydia Fisher | Posted 08.09.2011 | Business
Lydia Fisher

Managing to the short-term, managing to self-interest and hoping for a "happily ever after." It's beginning to feel a bit like rearranging the deck chairs on the Titanic.

Hazards, Moral and Otherwise

Preeti Vissa | Posted 05.25.2011 | Business
Preeti Vissa

We need to bite the bullet and recognize that a failure to provide principal reduction will have far more disastrous consequences than if we act sensibly and compassionately -- and soon.

Foreclosures and Guilt: The "Home Loan Moral Hazard Scorecard"

Richard (RJ) Eskow | Posted 05.25.2011 | Business
Richard (RJ) Eskow

The mega-bankers who derailed the economy have a new PR campaign to sell you. They're saying that families who can't pay their mortgages must bear the blame -- all the blame -- for the foreclosure crisis.

The Regulator Franchise, or the Alan Blinder Problem

Nassim Nicholas Taleb | Posted 05.25.2011 | Business
Nassim Nicholas Taleb

Alan Blinder is certainly not the worst violation of my sense of ethics, but I have to transcend my human proclivities and swallow my sense of grandeur: someone used public office to, at some point, profit from the public.

Whose Moral Hazard Is It Now?

Kathleen Reardon | Posted 05.25.2011 | Business
Kathleen Reardon

Despite the recent shot across the bow of Goldman Sachs, you have to wonder how far the Obama administration and leading Democrats are willing to take this. Experts say: not far.

The Importance of Blaming the Right People for the Wall Street and Gulf Disasters

Rob Shapiro | Posted 05.25.2011 | Business
Rob Shapiro

It's time to revise the limited personal liability provisions of the corporate form. The government should sue executives personally for decisions that turn very bad for the rest of us.

3 Words I Wish Big Finance Would Learn

Dr. Jim Taylor | Posted 05.25.2011 | Business
Dr. Jim Taylor

It has been shocking and bewildering to watch the behavior of some of the top banking CEOs in recent months, punctuated by the appearance of four of these executives before Congress last month.

Moral Hazard in Iceland

Iris Erlingsdottir | Posted 05.25.2011 | World
Iris Erlingsdottir

What is especially disheartening in Iceland is that, not only did the bankers retain their compensation; they continue to draw salaries in their new positions of authority in the new banks and in the government.

Citi Derivatives | Laurie Carver | Posted 05.25.2011 | Business

Credit specialists at Citi are considering launching the first derivatives intended to pay out in the event of a financial crisis. The firm has drawn ...

It's Time To Bet On Health Insurance Reform

Beau Friedlander | Posted 05.25.2011 | Politics
Beau Friedlander

The very nature of the health insurance industry is antithetical to its stated reason for being: helping people stay well and to get better.

The Moral Hazard of U.S. Global Interventions

Leon T. Hadar | Posted 05.25.2011 | World
Leon T. Hadar

Not unlike America's too-big-to-fail financial institutions, U.S. foreign clients tend to make their strategic calculations based not on what Washington says, but on what Washington does.

Preventing Political Moral Hazard Means Stopping Bernanke

David Sirota | Posted 05.25.2011 | Politics
David Sirota

Bernanke has been called "the definition of moral hazard" because if he is confirmed, it will send a message to all other federal regulators that they can fall down on the job and still get promoted.

Governor Sanford and the Failure of Moral Politics

Emma Ruby-Sachs | Posted 05.25.2011 | Politics
Emma Ruby-Sachs

It's satisfying to lambast a staunch social conservative for an extramarital affair on another continent. But the real failure in this sad story is a political platform based on a personal moral code.

Why The Government Can't "Fix" the Crisis

Danny Schechter | Posted 05.25.2011 | Business
Danny Schechter

In what was for many an unbelievable chain of events, markets started melting down, confidence shattered and believers in unregulated transactions realized something was very, very wrong.