Posts filed under “Regulation”

FDIC Bank Failures (by Week)

In light of Friday’s BankUnited Failure, and our earlier post on rising foreclosures, here is an updated version of a chart I ran previously from Ron Griess of The Chart Store, showing bank failures:

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Bank Failures reported by FDIC

5-22-09-bank-failures

Category: Credit, Regulation

Regulation In The Automobile Industry

Bloomberg News reports about the governments restrictions on emissions. (Political Capital)

Category: Regulation, Video

Fighting Derivatives Regulation

Astonishing: “Brooksley Born, the former U.S. commodities regulator who lost the fight to police over-the- counter derivatives a decade ago, said the banks that caused the financial crisis are trying to stop the overhaul of the market. “Special interests in the financial-services industry are beginning to advocate a return to business as usual and to…Read More

Category: Bailouts, Derivatives, Regulation

Why It’s Time To Reform Investment Banking’s League Tables

A lack of transparency and overall credibility in so-called league tables for investment banks mean it’s time for reform and standardization of the ranking system, DJ Newswires columnists Rob Armstrong and Alessandro Pasetti say.

5/18/2009

Category: Bailouts, Regulation, Video

Recall Why TARP Funds Were Necessary

Now that the bulk of the crisis has passed, and the panic has subsided, the banks want to return the money, no strings attached. Return the cash, leave the regulatory environment alone, write downt h warrants, and move on with our lives. My response is, “Not so fast.” Let’s not forget how this occurred: A…Read More

Category: Bailouts, Credit, Investing, Regulation

Debunking The Notion Of Too Big To Fail

Interview and analysis with Mariner Kemper of UMB Financial regarding about the testifying of Sheila Bair before the congress on the too big to fail situation.

4:16

Bloomberg

Category: Bailouts, Regulation, Video

FDIC’s Bair on U.S. Banks, Executives: Political Capital

Sheila Bair on Political Capital with Al Hunt

Preview

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Click for full video

bair-al-hunt

Category: Bailouts, Credit, Regulation, Video

FDIC Bair: Bank Chiefs Need to Go

“Management needs to be evaluated . Have they been doing a good job? Are there people who can do a better job? I think the review needs to go with both the management and the board as well, absolutely . . . I think there will be an evaluation process. We’re requesting it as part…Read More

Category: Bailouts, Markets, Regulation

Why Are We Bailing Out Insurers?

Will someone please explain to me why we are giving $22 Billion to Insurers? “The Treasury Department will make federal bailout funds available to a number of U.S. life insurers, acting on the embattled sector’s long-running effort to get government help. The Treasury is prepared to inject up to $22 billion into the insurers under…Read More

Category: Bailouts, Corporate Management, Markets, Really, really bad calls, Regulation, Taxes and Policy

Lessons of the Financial Crisis for Banking Supervision

Chairman Ben S. Bernanke

At the Federal Reserve Bank of Chicago Conference on Bank Structure and Competition, Chicago, Illinois (via satellite)

May 7, 2009

Lessons of the Financial Crisis for Banking Supervision

After more than a year and a half of financial crisis, both bankers and policymakers must contend with two questions: What have we learned from this extraordinary episode? And how can we apply those lessons to strengthen our banking system and to avoid or mitigate future crises? Getting the answers to these questions right is critical for our future financial and economic health.1

The Federal Reserve has been intensively evaluating the lessons of the crisis, both with respect to the companies we supervise and to our own policies and procedures, and we are actively incorporating what we have learned into daily supervisory practice. Increasing the effectiveness of supervision must be a top priority for our institution. In my remarks today I will outline some steps that the Federal Reserve has already taken in the wake of the crisis to strengthen capital, liquidity, and risk management in the banking sector, as well as to improve the supervisory process itself. I will also touch on what we have learned about the importance of effective consolidated supervision and the potential benefits of a more macroprudential orientation to financial oversight.

Read More

Category: Credit, Federal Reserve, Regulation, Think Tank