Financial sector reguatory reform?
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Financial regulation overhaul: Same tired arguments - latimes.co
Every time I hear a big industry crab about how some new set of government regulations will mean the end to life as we know it, bring the economy crashing down around our heads, or burden the consumer with more passed-on costs, I think of the smartest words ever spoke. They were: " There you go again." Reagan and I wouldn't have seen eye to eye on much, but this phrase sums up my exact reaction to the arguments by the financial industry and its chums in Washington against the financial regulation bill now before Congress.
Banks Should Welcome Rules - Room for Debate
There is nothing costlier to banks than causing financial regulation to fail. Deregulation, desupervision and de facto decriminalization plus perverse compensation create the environments that drive our recurrent, intensifying financial crises. The costs of regulation are trivial relative to the costs of an economic crisis like the recent one.
The fallacy of financial regulation: neglect of the shadow banking system | Economists' Forum | Economics blog from the Financial Times
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Dodd-Frank
Brown-Vitter
To Volcker Rule
Crisis Prevention
Governor Sarah Bloom Raskin At the Association of American Law Schools Annual Meeting, Washington, D.C.
Creating and Implementing an Enforcement Response to the Foreclosure Crisis
On the floor of the New York Stock Exchange.
Financial regulation isn't fixed, it's just more complicated | Kenneth Rogoff | Business
Sorkin's Glass-Steagall straw man
Of course its repeal contributed, directly and indirectly, to the financial crisis Here’s the headline for Andrew Ross Sorkin’s column on Tuesday about Glass-Steagall and the financial crisis:
Our story thus far : The Commodity Futures Modernization Act of 2000 , sponsored by Texas Senator Phil Gramm as a favor to his wife Wendy (who sat on the Board of Directors of Enron, which wanted to trade energy derivatives without oversight) was rushed through Congress in 2000.
Credit Default Swaps (CDS) Are Insurance Products, Not Tradeable Assets
Shadow Banking and Financial Regulation — The Harvard Law School Forum on Corporate Governance and Financial Regulation
Editor’s Note: Morgan Ricks is a visiting assistant professor at Harvard Law School. Through June 2010, he was a Senior Policy Advisor and Financial Restructuring Expert at the U.S.on the question of capital adequacy ratios
Basel III
Addressing "Systemic Risk"
Global Standards & Regulation
Elizabeth Warren for Democracy Journal: Unsafe at Any Rate
Issue #5, Summer 2007 Elizabeth Warren I t is impossible to buy a toaster that has a one-in-five chance of bursting into flames and burning down your house.Fixing Wall Street: Reimagining - Not Just Repairing - Banking
Here's a curious fact. If you think about it for a second, we're witnessing the simultaneous failure of three very different banking systems.After reading about the protest on Wall Street with 700 arrests, I visited the website, and was disappointed that the movement has no formal agenda.