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Shadow Banking

The New Global Imbalance: Too Much Financial Risk-Taking, Not Enough Economic-Risk Taking

José Viñals | Posted 10.08.2014 | Business
José Viñals

I have three key messages for you today: 1. Policymakers are facing a new global imbalance: not enough economic risk-taking in support of growth, but...

Global Financial Stability: Beginning to Turn the Corner

José Viñals | Posted 06.09.2014 | Business
José Viñals

Global financial stability is improving -- we have begun to turn the corner. But it is too early to declare victory as there is a need to move beyond liquidity dependence -- the central theme of our report -- to overcome the remaining challenges to global stability.

The Financial Meltdown Bailout Guy Has More to Say: Hank Paulson on His New Documentary

Nell Minow | Posted 04.06.2014 | Business
Nell Minow

As Paulson says with regret in the film, that program had a worse approval rating with the public than torture. People were asking, "Why were those fat cats being given money while I am losing my house?"

Calibrating 2014

Otaviano Canuto | Posted 03.04.2014 | World
Otaviano Canuto

The global economy looks poised to display better growth performance in 2014. Leading indicators are pointing upward -- or at least to stability -- in major growth poles. However, for this to translate into reality policymakers will need to be nimble enough to calibrate responses to idiosyncratic challenges.

The Armageddon Looting Machine: The Looming Mass Destruction From Derivatives

Ellen Brown | Posted 11.18.2013 | Business
Ellen Brown

Increased regulation and low interest rates are driving lending from the regulated commercial banking system into the unregulated shadow banking system.

The Growing Problem Haunting Global Regulators

Reuters | Posted 01.18.2013 | Business

* G20 group charts rise of sector blamed for aggravating crisis * Shadow banking jumps in a decade from $26 trillion in 2002 ...

'Shadow Bank' Crack Down

Reuters | Posted 01.23.2014 | Business

* Big banks get more time to write "living wills" * G20 sets deadline to reduce reliance on credit ratings * New "shadow...

Is Shadow Banking Dangerous for You?

Otaviano Canuto | Posted 11.12.2012 | World
Otaviano Canuto

Are all financial activities that operate outside the regular banking system bad? Is anything that is lightly regulated or not regulated at all dangerous for the economy and bad for you?

Fed Official: Shadow Banking Still Poses Big Risks

Reuters | Posted 08.12.2012 | Business

* Tighter scrutiny needed for shadow banking system * Limits on money market fund exposure may have merit * Riskier natu...

In First Speech, Cordray Vows To Target Shadow Banking Industry

Reuters | Posted 03.06.2012 | Business

By Dave Clarke WASHINGTON, Jan 5 (Reuters) - In his first speech as head of the Consumer Financial Protection Bureau, Richard Cordray...

Shadow Banks Go Long Energy Projects

Peter Gardett | Posted 02.22.2012 | Business
Peter Gardett

Hundreds of millions of dollars have been committed to solar and wind projects in recent weeks, and while the end of the year often brings with it a s...

Dodd-Frank Helping To Revive The Shadow Banks?

TIME | Stephen Gandel | Posted 08.27.2011 | Business

They're back. In the past few months, it appears, shadow banks, financial firms that make loans but aren't actual banks, seem to be making a come b...

Simon Johnson: The Big Banks Fight On

The New York Times | SIMON JOHNSON | Posted 08.15.2011 | Business

The bank lobbyists have a problem. Last week, they lost a major battle on Capitol Hill, when Congress was not persuaded to suspend implementation of t...

In the Dark: Crimes, Capital Crimes, And GE Capital Crimes

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

If individuals committed crimes at GE, they should pay for their actions. That would be a service to GE's other employees, who would no longer be tainted by the misdeeds of a few senior-level people.

Davos: Goldman's Cohn Does Not Get It

Georges Ugeux | Posted 05.25.2011 | Business
Georges Ugeux

Gary Cohn's position is obviously self-interested: nothing else should be expected from the Honorable firm. He and his peers recently increased their salary from $600,000 to $2,000,000!

Dictionary, Please: Wall Street's Wallison Doubles Down on Doublespeak

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

The Republicans on the Financial Crisis Inquiry Commission tried to undermine that group's work by attempting to ban phrases like "Wall Street" from its final report. Now they are trying to explain away their behavior.

The Soviet GOP: There's Something Red About This Whitewash

Rob Warmowski | Posted 05.25.2011 | Politics
Rob Warmowski

Some younger readers might need a refresher course in the workings of a thing called the Soviet Union. Republican apologists for Wall Street are doing their best to provide one.

Shahien Nasiripour

Financial Crisis Panel In Turmoil As Republicans Defect; Plan To Blame Government For Crisis

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

The four Republicans appointed to the commission investigating the root causes of the financial crisis plan to bypass the bipartisan panel and release...

Shahien Nasiripour

Discussing Oversight Failures, Federal Financial Regulators Do Little To Inspire Confidence

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Former top officials at the Securities and Exchange Commission did little Wednesday to affect the overall perception that the agency failed in its mis...

The Financial Crisis: We Know Enough; Now Let's Do Enough

SAFER | Posted 05.25.2011 | Business
SAFER

William Black, University of Missouri, Kansas City James Crotty, Department of Economics, University of Massachusetts, Amherst Jane D'Arista, SAFER & ...

DK Matai | Posted 05.25.2011 | Business
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

DK Matai | Posted 05.25.2011 | Business
DK Matai

Editor's Note: This post has been removed from the Huffington Post....

Shahien Nasiripour

Senator Calls For Aggressive Financial Reform, Deplores Current 'Incremental' Steps

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

A senator is calling for the break-up of megabanks and a firmer separation between Main Street banking and Wall Street trading, joining the ranks of l...

Paul Krugman: Fed Returning To "Status Quo Circa 2007"

nytimes.com | Paul Krugman | Posted 05.25.2011 | Business

This article on the continued troubles in credit markets was informative. But it raised a puzzle. Call me naive, but why does Fed policy seem to assum...

Obama and Volcker: Economic Solutions, Good; Summers and Geithner: Financial Solutions, Not Good.

Saskia Sassen | Posted 05.25.2011 | Business
Saskia Sassen

The shadow banking system is not illegal or clandestine. It is in the open, but it has thrived on the opaqueness of the investment instruments, facilitated by their complexity.