Dodd-Frank

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http://www.bloomberg.com/news/2012-06-17/slobbering-senators-woo-dimon-while-they-gut-dodd-frank.html I often get asked a Wall Street variation of the Ronald Reagan 1980 campaign saw, “Are you better off than you were four years ago?” To wit: Are we safer than we were four years ago? Will the 2010 Dodd-Frank law and the regulations that the Securities and Exchange Commission and the Commodity Futures Trading Commission are busy writing and rewriting prevent a recurrence of the kind of financial meltdown that we experienced in 2007 and 2008?

Slobbering Senators Woo Dimon While They Gut Dodd-Frank

http://dallasfed.org/news/speeches/fisher/2011/fs111115.cfm (With Reference to Vinny Guadagnino, Andrew Haldane, Paul Volcker, John Milton, Tom Hoenig and Churchill’s ‘Terminological Inexactitude’ ) Remarks before Columbia University’s Politics and Business Club It is bracing to be with bright, young students here at the Politics and Business Club of Columbia University.

Taming the Too-Big-to-Fails: Will Dodd–Frank Be the Ticket or Is Lap-Band Surgery Required?, Nov. 15, 2011 - Richard Fisher Speeches - News & Events - FRB Dallas

http://www.nytimes.com/2010/07/11/business/11volcker.html?pagewanted=all

Paul Volcker Pushes for Reform, and Regrets His Past Silence

He left behind a group of legislators in Washington still trying to nail down a controversial attempt to overhaul the nation’s in the wake of the country’s most serious economic crisis since . A well-regarded lion of the regulatory world, Mr.
Congressional Democrats went ahead and wrote the trading prohibition into Dodd-Frank, the sweeping overhaul of the nation's financial rules pushed through last July. But now, behind closed doors, financial agency powerbrokers are jockeying over how to implement the law, a process turning out to be as bitterly contentious and politicized as passing Dodd-Frank in the first place. Government officials -- including Williams and the OCC -- are inserting exemptions as they formulate rules to enforce the law. http://www.propublica.org/article/from-dodd-frank-to-dud

From Dodd-Frank to Dud: How Financial Reform May Be Going Wrong

http://www.bloomberg.com/news/2011-10-10/too-big-to-fail-not-fixed-despite-dodd-frank-commentary-by-simon-johnson.html Here we go again. Major shocks potentially threaten the solvency of some of the world’s largest financial institutions.

Too Big to Fail Not Fixed, Despite Dodd-Frank: Simon Johnson

Columbia Law School; European Corporate Governance Institute (ECGI); American Academy of Arts & Sciences January 9, 2012 Cornell Law Review, 2012 Columbia Law and Economics Working Paper No. 414 Abstract: Several commentators have argued that financial “reform” legislation enacted after a market crash is invariably flawed, results in “quack corporate governance” and “bubble laws,” and should be discouraged.

The Political Economy of Dodd-Frank: Why Financial Reform Tends to be Frustrated and Systemic Risk Perpetuated by John Coffee

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1982128