BankThink

Summers: Right Experience for Fed Chair?

09/13/13

Jim Bruce, the director of a new documentary on the Fed, said Summers "doesn’t really have a background… in central banking" while praising Yellen’s character and integrity.

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20,000 Pages of New Rules Yet to Come

09/13/13

Most of the five-year retrospectives on the financial crisis were pretty boring, according to Editor-at-Large Barbara A. Rehm. But a few were very revealing about the industry’s future, including the massive onslaught of rules still on their way.

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Fine, Spare the Bank - Jail the Banker

09/13/13

A 1999 memorandum explains why the DOJ refrains from prosecuting large financial institutions for their blatant regulatory violations, but why does it refrain from going after the employees who behaved badly?

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Try to Remember the Kind of September When Lehman Failed and Markets Panicked

09/13/13

Receiving Wide Coverage ...

#TwitterIPO: If economics is the allocation of scarce resources, what does it mean that the company had to devote 67 of 140 characters to the disclaimer, "This Tweet does not constitute an offer of any securities for sale"? Wall Street Journal, Financial Times, New York Times, Washington Post ...

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What Engagement Banking Needs Is Less Engagement

09/12/13

Want consumers to engage with your financial firm? Don’t try to turn their finances into a flashy smartphone game; find new ways to do their banking for them.

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Since Lehman, the Financial Sector Has Changed - for the Better

09/12/13

With the general push for more capital, liquidity, regulatory knowledge, and tools, the financial sector is safer and more competitive.

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Why Former Investors Despair of Returning to Mortgages

09/12/13

Through bitter experience, bond purchasers learned about the moral hazard embedded in private residential mortgage-backed securities and their grossly inadequate legal protections.

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Mortgage Demand Weakens; Europe Approves New Regulator

09/12/13

Receiving Wide Coverage ...

New EU Regulator: Over strong German objections, the European Union went ahead Thursday with plans to create supranational agency empowered to regulate the continent's banking industry and shutter failing banks the New York Times reported. Approval of the so-called single bank resolution system represents a huge step on the road to a European banking union. Creation of such a powerful agency was important enough that it should have required changes to the...

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Fed Insiders Bolster New Film Slamming Easy-Money Policies

09/11/13

Filmmaker Jim Bruce has produced a devastating documentary that uses Fed veterans, such as Peter Fisher, to explain how the central bank pumps up asset bubbles.

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Tougher Enforcement Actions Are Coming

09/11/13

Responding to potential enforcement actions has become even more challenging because the number of agencies with concurrent jurisdiction has increased, and the authorities of those agencies have been broadened.

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