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Banking Regulation

'Too Big To Fail' Is Still Alive And Well

Reuters | Mike Dolan | Posted 04.02.2014 | Business

LONDON (Reuters) - Five years after Lehman Brothers' seismic bust and just two years after euro member Greece defaulted, the concept of being too big ...

Attention Banks: Five Crucial Deadlines for Q2

Christopher Cahn | Posted 03.26.2014 | Business
Christopher Cahn

After years of planning and discussion, many of the financial regulations that resulted from the 2008 financial crisis -- specifically, FATCA and elements of Dodd-Frank, such as the Volcker Rule -- are finally coming into effect. Here are some important dates that financial institutions need to keep in mind over the next few months

Reefer Madness: Why the Feds Shouldn't Force Pot to Be An All-Cash Business

Adam Levin | Posted 04.01.2014 | Politics
Adam Levin

If it's going to be legal, small business owners who sell it should have the same access to the financial system (and the protections that system provides them) as any other small business owner in America.

Why Senator Warren's '21st Century Glass-Steagall Act' Is Never Going to Happen

Casey Bond | Posted 10.20.2013 | Business
Casey Bond

Reinstating the act wouldn't instantly fix everything that's wrong with our system, but it sure would be a much-needed start -- just don't count on it ever happening.

America's Housing Story: One Size Does Not Fit All

Frank Keating | Posted 08.17.2013 | Business
Frank Keating

In the past, government policies overemphasized homeownership. Instead, Americans should have a variety of affordable and attractive rental and purchase options, in line with their needs and resources.

Jason Linkins

Brooksley Born Said A Bunch Of Stuff That Actually Made A Lot Of Sense

HuffingtonPost.com | Jason Linkins | Posted 04.08.2013 | Politics

In a landmark event that went largely unremarked upon by cable news providers and newspaper front pages, someone in Washington, D.C., spent time sayin...

Cyprus: Europe Violates the Sanctity of Insured Deposits

Georges Ugeux | Posted 05.18.2013 | Business
Georges Ugeux

Europe has crossed the red line of the sanctity of insured deposits by making them subject to a partial confiscation.

Midday Diversity News And Notes

Janell Ross | Posted 03.19.2013 | Latino Voices
Janell Ross

In November, the power of the fast-growing Latino electorate seemed to be conversation topic one for those interested in politics. This week, Latino Decisions, a polling firm that specializes in tracking and gauging the opinions of Hispanics, brings us an interesting reminder that the real power of the Latino vote has not yet been tapped.

Social Responsibility: Why Should Companies Care?

Brian Whetten | Posted 02.17.2013 | Business
Brian Whetten

How can companies actually focus on anything more than just next quarter's results? We're not just talking about a PR campaign or a new mission statement. We're talking about a new way of doing business. We're talking about deep change.

Banking Outlook 2013: 8 Things to Watch

Richard Barrington | Posted 12.12.2012 | Money
Richard Barrington

Thanks to two major X factors -- the fiscal cliff and new bank capitalization standards -- 2013 could be the most eventful period for the banking industry since the crisis years of 2008 and 2009. Here are eight key things to watch.

Look What Market Is Getting Manipulated Now

The Huffington Post | Mark Gongloff | Posted 12.10.2012 | Business

Science has determined that people need to know 7.5 things per day, on average, about the world of business. You can't argue with science. Lucky for y...

The 'Fiscal Cliff' Deal Is Wall Street's Latest Scam

Richard (RJ) Eskow | Posted 01.28.2013 | Politics
Richard (RJ) Eskow

It's like a Woodstock for plutocrats, or an Avengers for the avaricious: The CEOs of America's largest corporations have banded together to lecture us on the importance of debt reduction. And despite their lack of qualifications and their very obvious self-interest, the media can't get enough of them.

WATCH: Neil Barofsky's Disappointment With Vikram Pandit and President Obama

Bill Moyers | Posted 12.23.2012 | Business
Bill Moyers

2012-10-23-moyers.JPG

Effective Regulation and Sustainable Economic Growth

Steven Cohen | Posted 10.20.2012 | Politics
Steven Cohen

It's true that regulation costs money, and some short-sighted business leaders seem to have a reflex that causes them to oppose regulation whenever it is proposed. On the other hand, it's also true that lawlessness and an absence of rules can be quite expensive.

And The Number Of Bank Failures So Far This Year Is...

AP | Posted 09.19.2012 | Business

WASHINGTON (AP) — Regulators closed two small banks in Georgia on Friday and one each in Florida, Kansas and Illinois, bringing to 38 the number of ...

Putting an End to Faith-Based Banking

Laurence J. Kotlikoff | Posted 09.09.2012 | Business
Laurence J. Kotlikoff

There is not a single official in the U.S. or Europe brave enough to take on the bankers and say what needs to be said: If you want to gamble, be our guest. But do so on your own time, in your own home, and on your own dime.

U.S. Moves Forward On Tough New Banking Rules

Reuters | Posted 09.07.2012 | Business

By Alexandra Alper WASHINGTON, July 8 (Reuters) - The U.S. swaps regulator is set to finalize this week a critical reform that will tr...

Too Complex To Regulate: JPMorgan's Losses Highlight Need For Simplicity

Peter S. Goodman | Posted 07.27.2012 | Business
Peter S. Goodman

You can parse the stories about how the bank's risk-management people loaded up on risk, or digest the accounts of how JPMorgan's financial wizards engineered mind-bendingly complex means of limiting their vulnerability to troubles in Europe. But the simplest answer is the most pertinent: It's extraordinarily complicated.

If We Can't Understand Them, We Should Just Break Them Up

Brad Miller | Posted 07.24.2012 | Politics
Brad Miller

The biggest banks argue that if the lesser mortals who populate the institutions of democratic government don't understand the intricacies of their business, then we just shouldn't meddle.

Backpage Not Complying With Requests to Help Stop Sex Trafficking

Conchita Sarnoff | Posted 06.02.2012 | Impact
Conchita Sarnoff

Nicholas Kristof reported in Sunday's New York Times Magazine that Goldman Sachs owns a 16% stake of Village Voice Media.

Stephen Bainbridge's Corporate Governance After the Financial Crisis

Robert Teitelman | Posted 04.24.2012 | Books
Robert Teitelman

In his new book, Corporate Governance after the Financial Crisis, UCLA law professor and popular blogger Stephen Bainbridge provides a longer historical perspective on one aspect of this choking proliferation of rulemaking.

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!

Basel III -- Tightening the Noose on Credit

Ellen Brown | Posted 05.25.2011 | Business
Ellen Brown

If the big banks that brought you the current credit crisis can already meet the new requirements, what exactly does Basel III achieve, beyond shaking down their smaller competitors?

Brown-Kaufman Amendment: The State Of Play

Simon Johnson | Posted 05.25.2011 | Business
Simon Johnson

The supporters of big banks will go down hard in November and in 2012; there are no secrets over this kind of time frame. But by then it will be too late for this cycle of financial reform.

Overhauling the Banking and Financial Institutions

Warren Ballentine | Posted 05.25.2011 | Politics
Warren Ballentine

Given Congress' need to find a scapegoat for the financial meltdown of the Great recession other than itself, it will no doubt make a least a cosmetic effort at financial reform.