Barney Frank says that he stands by Dodd Frank registration of private equity firms, walking back a widely-reported earlier remark that gave the industry great cheer.
Read more...Yesterday was a sad day for American citizens. Benjamin Lawsky, the Superintendent of the New York State Department of Financial Services, announced that he was resigning in June.
Read more...Hillary Clinton does not want to talk about past economic controversies.
Read more...A new IMF paper strikes another blow against the idea that Big Finance is good for you.
Read more...A new series of books on money gives an intriguing historical overview and winds up highlighting money as a implement of power relations.
Read more...Why exit from ZIRP has to precede exit from QE.
Read more...How Tony Blair sold deregulation, and why his bad prescription is so hard to kill.
Read more...Elizabeth Warren’s concerns about trade deals undermining financial regulations get an unexpected confirmation from Canada.
Read more...Today, Greece blinked. But one unconfirmed report suggests the government got some eyewash.
Read more...One way to fix Dodd-Frank is to break up big financial firms.
Read more...As readers know all too well, there is so much obviously half-baked economic research that this site could turn itself over to shredding examples and only scratch the surface. But we have established the Frederick Mishkin Iceland Prize for Intellectual Integrity to highlight outstanding examples of economic shillery in which the attempt at analysis is obviously cooked so as to produce a pre-determined outcome.
Read more...Greece may succeed in avoiding a default next week, but it remains at loggerheads with its creditors.
Read more...A good overview of the Clintons’ deep ties to Wall Street kingmaker Robert Rubin and other members of the Goldman mafia.
Read more...The reason I’m filling in today and tomorrow is that Yves is in Washington for the INET Finance and Society conference, which is unique because it features a dozen and a half speakers, every one of them a woman, from Fed Chair Janet Yellen to IMF Chair Christine Lagarde to the SEC’s Kara Stein to CFTC’s Sharon Bowen to Treasury’s Sarah Bloom Raskin to many more, from the U.S. and around the world. Anat Admati of Stanford University organized the event, and you can watch the webcast tomorrow at this link. Maybe you’ll spy Yves stalking the halls.
Read more...The IMF is finding it hard to put enough lipstick on the pig of financing Ukraine.
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