Posts Tagged ‘financial regulation’

  • presidential election...campaign button_000016905913XSmall

    Election Economics: Assessing Dodd-Frank

    Jul 23, 12 • 333 Views • No Comments

    University of Chicago professor Luigi Zingales tells the story of being asked to tape his windows during a tornado watch in Boston. A similar mandate in Italy, he said, would mean that the brother of the mayor was in the tape business. Furthermore, when...  [read more]

  • Government Rules

    Aug 1, 10 • 293 Views • No Comments

    What is a “systemically important” financial institution? 2300 pages of financial regulation do not specifically tell us. Instead,regulatory agencies will have to decide. One study indicated that implementing new Dodd-Frank financial...  [read more]

  • 15682_4.6_000000667950XSmall

    Michael Lewis and the U.S. Congress

    Jun 4, 10 • 218 Views • No Comments

    The Big Short by Michael Lewis (who also wrote The Blind Side) is a “hot read” on Capital Hill. Senate Majority Whip Dick Durbin (D-Ill) recommended it. Chris Dodd (D-CT) referred to it during a speech on Fannie and Freddie. And,...  [read more]

  • 15680_6.2_000012928514XSmall

    BP and the Financial Crisis

    Jun 2, 10 • 238 Views • No Comments

    I suspect that there is an inverse relationship between government’s ability to get regulation right and the length of the legislation. Glass-Steagall was 34 pages long. Recently proposed financial legislation is 3000 pages long. The need for...  [read more]

  • 15653_5.19_000007480462XSmall

    Airplane Crashes and Financial Crashes

    May 19, 10 • 219 Views • No Comments

    When an airplane crashes, investigators rush to the scene, gather evidence, and ultimately hope to emerge with updated safety suggestions. It would be wonderful if we, when assessing the “flash crash” or slower stock market dives, could also...  [read more]