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Systemic Risk

The Detroit Bail-in Template: Fleecing Pensioners to Save the Banks

Ellen Brown | Posted 10.06.2013 | Detroit
Ellen Brown

In Cyprus, the depositors were "bailed in" (stripped of a major portion of their deposits) to re-capitalize the banks. In Detroit, it is the municipal workers who are being bailed in, stripped of a major portion of their pensions to save the banks.

Dream Team of Bank Regulators Is Forgetting an Important Player

Sanjay Sanghoee | Posted 08.11.2012 | Business
Sanjay Sanghoee

Just recently, Washington announced the creation of a "dream team" of financial regulators, called the Systemic Risk Council. Great idea, but here's a question: Why was the current chairwoman of the SEC, Mary Schapiro, not included?

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 | Business
Janet Tavakoli

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.

Greece and Credit Default Swaps: Bucking the ISDA Cartel

Janet Tavakoli | Posted 05.03.2012 | Business
Janet Tavakoli

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.

Endgame of an Era

Kingsley Dennis, Ph.D. | Posted 04.24.2012 | Home
Kingsley Dennis, Ph.D.

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

Too Big to Fail: Timing Is (Still) Everything

Kevin L. Petrasic | Posted 11.27.2011 | Business
Kevin L. Petrasic

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.

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

Posted 11.18.2011 | Business

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

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

Lydia Fisher | Posted 08.20.2011 | Business
Lydia Fisher

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.

Macroprudential Policy -- Filling the Black Hole

José Viñals | Posted 06.15.2011 | Business
José Viñals

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.

Bankers: New Global Rules Could Threaten Recovery

Reuters | Kevin Drawbaugh and Dave Clarke | Posted 05.25.2011 | Business

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

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

John Lipsky | Posted 05.25.2011 | Business
John Lipsky

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...

'Too Big To Fail' Plan Delayed Until 2011

Posted 05.25.2011 | Business

(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...

Just Do It--Shaping the New Financial System

José Viñals | Posted 05.25.2011 | Business
José Viñals

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

Regulators Delay Vote On 'Too Big To Fail' Reform

Huffington Post | William Alden | Posted 05.25.2011 | Business

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, ...

On Environmental Communication

George Lakoff | Posted 05.25.2011 | Green
George Lakoff

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.

Keep a Watchful Eye on Banks From Your Mobile Phone

Dennis Santiago | Posted 05.25.2011 | Technology
Dennis Santiago

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.

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

Laura Kodres | Posted 05.25.2011 | Business
Laura Kodres

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 ...

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....

DK Matai | Posted 05.25.2011 | Business
DK Matai

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

Placing Our Faith in Economic Oracles

Tony Blankley | Posted 05.25.2011 | Business
Tony Blankley

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.

Citi Derivatives

Risk.net | 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 ...

Risky Lenders Did More Aggressive Lobbying: IMF Report

Posted 05.25.2011 | Business

Over the last few few decades, financial lobbying yielded an incredible return on investment for Wall Street -- albeit, in the form of taxpayer bailou...

Shahien Nasiripour

House Panel May Keep Public In The Dark About Emerging Threats To Financial System

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Members of Congress and the general public may not be told of "potential emerging threats to the stability of the financial system," thanks to a Thurs...

Only a New Global System Can Handle a World of Explosive Risk

Ian Goldin | Posted 05.25.2011 | Business
Ian Goldin

One lesson from the financial crisis is inescapable -- that the world's governing bodies, from the UN to the World Bank, from the G20 to the IMF, can no longer cope with systemic risks of these kinds.