Systemic Risk

Today's Most Important Finance Story: Lan T. Pham, Ph.D., Told the CBO the Truth About Mortgage "Securities" and Was Fired for It

Janet Tavakoli | Posted 05.16.2012

Read More: Cbo, Financial Reform, Lan T. Pham, Mortgage Crisis, Robo-Signing, Mortgage-Backed Securities, Systemic Risk, Congressional Budget Office, Ph.D., Foreclosure Fraud, Foreclosures, Mortgages, Foreclosure Crisis, Subprime Mortgages, Foreclosure, Business News

This knowledge isn't unique or new. What is new is that Dr. Pham brought this forward to the CBO and apparently this information is being suppressed and denied by the CBO and in congressional reports.

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Greece and Credit Default Swaps: Bucking the ISDA Cartel

Janet Tavakoli | Posted 05.03.2012

Read More: Credit Default Swaps, Systemic Risk, Leverage, Isda, Greece, Credit Derivatives, Greece Credit Default, Language Arbitrage, Credit Derivatives Market, Business News

The disputes over credit default swaps on Greece highlight the fact that most participants in the credit derivatives market are at the mercy of ISDA when it comes to interpretation of ISDA's language. The only solution to that is to exercise one's rights.

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Endgame of an Era

Kingsley Dennis, Ph.D. | Posted 04.24.2012

Read More: Energy, Consciousness, Globalization, Society, Systemic Risk, Planetary Society, Civilization, Social Mind, Mindful Living News

The modern world has witnessed a different type of consciousness emerging over the past 150 years, a post-Industrial Revolution cognitive mind.

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Too Big to Fail: Timing Is (Still) Everything

Kevin L. Petrasic | Posted 11.27.2011

Read More: Financial Regulation, Dodd-Frank, Too Big to Fail Banks, Too Big to Fail, Sifi, Regulation, Banks, Living Wills, Systemic Risk, Business News

In implementing regulatory reforms, whether to resolve "too big to fail," minimize systemic risk, or address the multitude of other issues raised in Dodd- Frank, balance and perspective are critical.

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Capital One Merger Presents Federal Reserve With 'Too Big To Fail' Test

Posted 11.18.2011

Read More: Hsbc, Dodd-Frank, Capital One, Ing, Financial Reform, Too Big to Fail, Banking, Federal Reserve, Systemic Risk, Big Banks, Video, Business News

(ALEXANDRA ALPER, Reuters) - Consumer groups will try to convince the Federal Reserve this week that rubber stamping the Capital One Financial Cor...

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Conquerors, Debt, Joblessness, and "The Crisis of the Third Century"

Lydia Fisher | Posted 08.20.2011

Read More: Italy, Europe, Debt, Jobs, Romans, Joblessness, China, Japan, Civilization, Aig, Worldwide Debt, Stagnation, Hedge Funds, US Debt, Financial Crisis, Systemic Risk, Portugal, Too Big to Fail, Spain, Greece, Currency Collapse, Lydia Fisher, Business News

If the financial crisis tells us anything, it's this. We moved away from person-to-person reciprocity and community orientation. We deconstructed boundaries for expedient profit.

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Macroprudential Policy -- Filling the Black Hole

José Viñals | Posted 06.15.2011

Read More: Global Financial Crisis, Crisis Prevention, Regulatory Arbitrage, Macroprudential Policies, Loan-to-Value Ratio, Global Financial System, Systemic Risk, Capital Requirements, Credit Growth, Financial Stability, Macroprudential Regulation, Business News

Given the enormous economic and human cost of the recent financial debacle, I strongly believe that we cannot afford to miss this opportunity for substantial reform.

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Bankers: New Global Rules Could Threaten Recovery

Reuters | Kevin Drawbaugh and Dave Clarke | Posted 05.25.2011

Read More: Financial Reform, Too Big to Fail, Basel III, Financial Reform Bill 2010, Systemic Risk, Capital Requirements, Bank Rules, Financial Regulation, Global Financial Rules, Business News

(Reuters) - A global crackdown on bank oversight could undermine a fragile economic recovery if governments move too fast and fail to cooperate, inter...

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Macro-Prudential Policies: Putting the 'Big Picture' into Financial Sector Regulation

John Lipsky | Posted 05.25.2011

Read More: Shanghai Conference, Standard-Setting Bodies, Global Crisis, Cross-Border Exposures, Microprudential Regulations, Macro-Prudential Policies: Asian Perspectives, Systemic Risk, Macroprudential Regulation, Business News

The devastating impact of the global financial crisis created a consensus that pre-crisis financial regulation didn't take the "big picture" of the sy...

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'Too Big To Fail' Plan Delayed Until 2011

Posted 05.25.2011

Read More: Fsb, The Financial Fix, Mario Draghi, Financial Reform, Too Big to Fail, Too Big to Fail Banks, Financial Stability Board, Basel III, Banks, Systemic Risk, g20, Business News

(SEOUL/BRUSSELS By Rachel Armstrong and John O'Donnell) - Steps to avoid "too big to fail" banks from destabilising markets and the world economy will...

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Just Do It--Shaping the New Financial System

José Viñals | Posted 05.25.2011

Read More: Risk Taking, Cross-Border Exposures, Bank Capital, Global Recovery, Financial Regulatory System, Resolution Mechanisms, Leverage, Financial Stability Contribution, Financial Regulation, Basel Committee on Banking Supervision, Strong and Sustainable Economic Growth, Financial Supervision, FInancial Markets, Microprudential Regulations, Financial Crisis, Systemic Risk, Macroprudential Regulations, Financial Institutions, Business News

Fearful financial markets, an uncertain growth outlook, fiscal anxieties, long unemployment lines....no other financial crisis since the Great Depress...

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Regulators Delay Vote On 'Too Big To Fail' Reform

Huffington Post | William Alden | Posted 05.25.2011

Read More: Dodd-Frank Act, JPMorgan Chase, Fdic, Wells Fargo, Federal Deposit Insurance Corp, Too Big to Fail, Bank of America, Ben Bernanke, Sheila Bair, Systemic Risk, Financial Stability Oversight Council, Citigroup, Business News

Regulators delayed Monday their vote on how to resolve the "too big to fail" problem, saying they needed at least another week to discuss their plan, ...

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On Environmental Communication

George Lakoff | Posted 05.25.2011

Read More: Environment, Lakoff, Systemic Risk, Risk, Communication, Green News

To achieve political and policy victories, an understanding of communication is necessary, as the communication failures of the Obama administration have made clear. And the environmental movement as a whole shares such failures.

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Keep a Watchful Eye on Banks From Your Mobile Phone

Dennis Santiago | Posted 05.25.2011

Read More: Iphone, Dennis Santiago, Blackberry, Bank Reform, Android, Third World America, Mobile Phones, Move Your Money, Systemic Risk, Institutional Risk Analytics, Technology News

There is need for independent ways to find banks and -- more important -- ask consumer choice questions about how they rate compared to their neighbors. Now you can do it on a handheld.

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Toto, We're Not in Kansas Anymore: Exploring the Post-tornado Contours of the Financial System

Laura Kodres | Posted 05.25.2011

Read More: Risk Taking, Multilateral Cooperation | Tagged: Macrofinancial Linkages, Systemic Collapse, International Monetary Fund, Financial Reform, Financial Sector Supervision, Economic Crisis, Imf, Deleveraging, Financial System Risk, Leverage, Financial Sector Reform, Emerging Markets, Financial Regulation, Financial Supervision, Advanced Economies, Banks, Global Financial System, Nonbanks, Systemic Risk, Contagion, Macroprudential Regulation, Financial Crisis, Business News

Just as a tornado in Kansas transplanted Dorothy and, her dog, Toto, from familiar comforts to the unknown land of Oz, the global crisis has led many ...

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DK Matai | Posted 05.25.2011

Read More: Human Intervention, Illiquidity, Dark Pools, Regulators, Flash Crash, Proprietary Trading, Financial Meltdown, Algo Trading, Technology, New York Stock Exchange, Computer Models, Bugs, Stock Market, Derivatives, Data Center, New York, Proprietary Trading Systems, Systems Thinking, Banks, Systemic-Crisis, High-Frequency-Algorithmic-Trading, Volume Trading, The Great Depression, Wall Street Bailout, Liquidity, Financial Reform, Nasdaq, Innovation, Speed-Traders, S&P 500, Algorithm, Stock Market Crash, Data, Finance, High-Speed-Trading, S&P 500 Futures Trading, Synthetics, Wall-Street-Speed-Traders, Financial Crisis, Global Financial Crisis, Electronic-Exchange, Shadow Banking, Liquidity Crisis, Financial Regulation, High-Frequency Trading, Casinos, Nyse, The Financial Fix, European Union, Casino Trades, Euro, Electronic-Stock-Exchanges, Dow Jones, Wall Street Crisis, Wall Street, FInancial Markets, Trade, Dow Jones Industrial Average, Casino, Systemic Risk Regulator, Europe, S&P, Shadow Trading, Systemic Risk, Business News

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

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DK Matai | Posted 05.25.2011

Read More: Market Capitalization, Rare Events, Black Swan, Investment, The Black Swan, Investors, Surprise, Ceos, Ceo, Chief Executive Officers, Known Knowns, Known Unknowns, The Great Unwind, The Great Depression, The Great Reset, Systemic Failure, Systemic Risk, Unknown Unknowns, Business News

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

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DK Matai | Posted 05.25.2011

Read More: Wall Street Bailout, The Great Depression, Liquidity, Financial Reform, Dark Pools, Innovation, S&P 500, Algorithm, Financial Meltdown, Finance, Algo Trading, S&P 500 Futures Trading, Financial Crisis, Global Financial Crisis, Technology, Liquidity Crisis, Financial Regulation, High-Frequency Trading, European Union, Euro, Dow Jones, Wall Street Crisis, Wall Street, Systems Thinking, FInancial Markets, Dow Jones Industrial Average, Systemic Risk Regulator, Europe, Systemic Risk, S&P, High-Frequency-Algorithmic-Trading, Systemic-Crisis, Nasdaq, Regulators, Stock Market Crash, Synthetics, New York Stock Exchange, Casinos, Computer Models, Nyse, Derivatives, Stock Market, Casino Trades, New York, Casino, Volume Trading, Human Intervention, Proprietary Trading, Data, Illiquidity, Bugs, Data Center, Proprietary Trading Systems, Trade, Speed-Traders, Flash Crash, High-Speed-Trading, Wall-Street-Speed-Traders, Electronic-Exchange, Electronic-Stock-Exchanges, Banks, The Financial Fix, Shadow Banking, Shadow Trading, Business News

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

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Placing Our Faith in Economic Oracles

Tony Blankley | Posted 05.25.2011

Read More: Tony Blankley, Financial Reform, Financial Crisis, Chris Dodd, Systemic Risk Regulator, Systemic Risk, Financial Regulation, Business News

In the end, the call for a systemic-risk regulator is yet another futile expression of faith in the power of government to out-think the markets. It is just another foolish bet.

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Citi Derivatives

Risk.net | Laurie Carver | Posted 05.25.2011

Read More: Economy, Derivatives, Swaps, Too Big to Fail, Derivatives Trading, Financial Crisis, Interest-Rate Swaps, Systemic Risk, Cambridge University, Moral Hazard, Citigroup, Clx, Business News

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 ...

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All I Want for Christmas Is Reasonable Regulation of the Financial Industry

Rep. Jackie Speier | Posted 05.25.2011

Read More: Wall Street, Financial Reform, Financial Crisis, Systemic Risk, Jackie Speier, Politics News

You wouldn't buy a Christmas present for a loved one without knowing if it was safe. Reasonable regulation of the financial industry will provide consumers with the same confidence in financial products.

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RT @huffbusiness New "Too Big To Fail" Bill Gives Feds Power To Undo Dangerous Derivatives Contracts

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Fdic, Derivatives, Barney Frank, Too Big to Fail, Aig, Credit Default Swaps, Michael Krimminger, Goldman Sachs, Morgan Stanley, Tbtf, Lehman Brothers, Isda, Financial Crisis, Systemic Risk Regulator, Bear Stearns, Lehman Brothers Bankruptcy, Systemic Risk, Business News

The "Too Big To Fail" legislation currently being debated by a House committee has been widely criticized as toothless. But one provision gives the fe...

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Banking Regulation Needs to Confront Real Risks Presented by Financial Derivatives

David Paul | Posted 05.25.2011

Our banking system is structurally flawed, and the changes instigated by the passage of the Financial Services Modernization Act of 1999 should be fundamentally reconsidered.

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Banks Get Small Win On Accounting Standards

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Aba, Fasb, Lynn Turner, Bankers, Facebook, Ed Perlmutter, Banks, Financial Crisis, Sec, Chamber of Commerce, Systemic Risk, Accounting, American Bankers Association, Business News

A House panel approved a provision Thursday that calls for a new oversight body dominated by bank regulators to advise on accounting rules for banks, ...

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How Big Is Too Big? Two New Bills Try To Answer That Question

nytimes.com | PETER BOONE and SIMON JOHNSON | Posted 05.25.2011

Read More: Bank Size, Kanjorski Too Big to Fail, Paul Kanjorski, Peter Boone, Too Big to Fail, Banks, How Big Is Too Big?, Bernie Sanders, Finanical Crisis, Systemic Risk, Simon Johnson, Financial Regulation, Business News

As legislation on restructuring the banking industry moves forward, attention on Capitol Hill is increasingly drawn to the issue of bank size. Should ...

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