Forget Bernanke, forget Paulson, forget FDIC Chief Sheila Bair..
Let’s bring back George to fix things.
Continued Housing Downturn Drives First Quarter Thrift Industry Loss
financial regulation
Bring Back George!
Will More Regulation Help?
Ever since the Bears Stearns intervention by the Fed earlier this year, there’s been more call for regulation of hedge funds and investment banks.
According to some of those regulation proponents, the credit crisis could have been averted if there had more oversight of the complex derivative instruments that led to the subprime fiasco. Even former [...]
Financial Regulation Overhaul
Am I the only financial blogger out there who thinks that President Bush’s financial regulation overhaul plan is insane?
Keep in mind that, only about six months or so ago, the President and his yes-men were saying that the economy was in excellent shape and that we shouldn’t be concerned. Now, in just six months time, [...]
Bernanke Seeks More Power
MarketWatch.com reports today that the Fed chief, Ben Bernanke, is seeking more power to oversee investment banks. According to an excerpt from that article:
WASHINGTON (MarketWatch) — The Federal Reserve should have a much larger role in supervising investment banks to prevent and limit financial market turmoil, Federal Reserve Chairman Ben Bernanke said Tuesday, endorsing an [...]