NEW YORK -- Bank of America's announcement that it plans to shed 30,000 jobs doesn't address the bank's most pressing concerns, experts said Monday.
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What has been missing in all the debate about the efficient market hypothesis is a rigorous examination of its conceptual grounds. Now we have it in a new paper written by University of Florida professor Charles W. Collier.
Today there's sensitivity to the dangers of regulatory arbitrage when regulatory regimes widely vary either nationally or internationally -- although, so far, there are few answers to resolve this beyond gestures toward coordination.
Amar Bhidé recently offered up a deceptively simple solution to bank regulation when we proposed a cap on retail deposits. But was he also implicitly proposing something else?