Financial Institutions

In a sea of doubt

10/30/13

Questions about OLA after SPE (or SPOE if you prefer), over at Dealb%k.

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Is Federal Preemption Assignable?

09/28/13

Gretchen Morgenson had an interesting column today about judicial frustration with banks.  One of the opinions she references is a recent order by Judge William Young (Dist. Mass.) in a predatory lending suit.

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Crisis books

09/10/13

I recently stumbled on this excellent compendium of more than 300 books on the financial crisis.  It also includes a list of 25 or so books that predicted the crisis, as well as a useful link to an annotated list of individuals who can be given credit for predicting various aspects of the crisis.

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Banks in Bankruptcy

09/06/13

Or bank holding companies, to be precise, over at Dealb%k.

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Why Is the Fed Chairman a Bank Regulator (or an Economist)?

08/14/13

The NY Times has a pretty significant error in its reporting on the Summers vs. Yellen Fed Chair race. It says that Yellen was the head of the Federal Reserve Bank of San Francisco, which was Countrywide's regulator. That's wrong. FRBSF was never Countrywide's primary regulator. That was the OCC and then OTS.

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The Rule of Law in the Financial System

08/03/13

Felix Salmon has a depressing blog post about the Fab Tourre verdict and a criminal conviction in another Goldman Sachs-related case.  Felix concludes, "I’m increasingly coming to the conclusion that America’s system of jurisprudence simply isn’t up to the task of holding banks and bankers accountable for their actions." 

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