Posts filed under “Regulation”

The Volcker Rule: Faults and Virtues

Regulators hope the rule, named for Paul A. Volcker, the former Federal Reserve chairman, can cut risks taken by banks, but tiny holes in the 71-page rule may leave those banks some wiggle room.

By Channon Hodge and David Gillen December 10th, 2013

Category: Regulation, Video

Fannie Mae Didn’t Cause the Housing Crisis, Radical Ideologues Did

Source: Yahoo Finance

Category: Really, really bad calls, Regulation, Retail, Video

TDS: Blackstone & Codere

Blackstone & Codere amantha Bee investigates the shady, totally legal business dealings of a private equity firm called Blackstone.

Here is the original article: Blackstone Unit Wins in No-Lose Codere Trade: Corporate Finance


Category: Derivatives, Humor, Regulation, Video

Category: Really, really bad calls, Regulation, Think Tank

EU Fines Financial Institutions Over Fixing Key Benchmarks

From the Wall Street Journal: Six financial institutions were fined €1.71 billion ($2.32 billion) by European Union regulators Wednesday for colluding in an attempt to manipulate key benchmark interest rates, the EU’s largest-ever penalty in a cartel case. The settlements involved penalties against some of the world’s biggest banks, including Deutsche Bank, Société Générale, Royal…Read More

Category: Credit, Legal, Regulation

The Fed Wants To End Too Big to Fail (Treasury, not so much)

Quite a few people are discussing the speech given by Federal Reserve Chairman Ben Bernanke last week, titled The Crisis as a Classic Financial Panic. (See this, this and this). But while everyone is looking at the big dog, the rest of the pack has been out making very interesting noises. Indeed, if you pay…Read More

Category: Bailouts, Federal Reserve, Regulation

Ending Too Big to Fail

Ending Too Big to Fail William C. Dudley, President and CEO, NY Federal Reserve Global Economic Policy Forum, NYC, November 8, 2013     It is a great pleasure to have the opportunity to speak here today.  My remarks are going to focus on what is called the “too big to fail” problem.  As you…Read More

Category: Bailouts, Federal Reserve, Regulation, Think Tank

Banks to Be Hit With Rate Fines

Click for giant graphic. Source: WSJ

Category: Legal, Regulation

Meet Uncle Sam, Your Partner in Crime

The news leaked over the weekend: Hedge-fund baron Steve Cohen and SAC Capital Advisors were about to pay a monster fine for a decades worth of insider trading and failed supervision of traders. Some prefer the term “expert networks,” but – po-TAY-to, po-TAH-to. The rules have changed, and so have the penalties. The lessons of…Read More

Category: Legal, Really, really bad calls, Regulation

The Myth of Financial Reform

Party On Garth: Click to enlarge Source: Time, Monday, Sept. 23, 2013

Category: Financial Press, Regulation