Regulations and regulators Archives - Page 146 of 362

Utilities Getting Regulatory Support for Screwing Solar Customers

Utilities, with regulatory backing, are working hard to turn homeowner investments in solar into economic white elephants.

Money and Banking – Treasury and Central Bank Interactions

The post studies how the Fed is involved in fiscal operations and how the U.S. Treasury is involved in monetary-policy operations. The extensive interaction between these two branches of the U.S. government is necessary for fiscal and monetary policies to work properly.

Bill Black: The Inaugural Financial Fraud Lemons of the Week Award Goes to DOJ

The inaugural lemons of the week award goes to the DOJ for depicting its humiliating settlement with Morgan Stanley as a triumph.

Eurobanks: The Probable Point of Failure as Systemic Stress Rises

Why Eurobanks are the most likely fracture point if current economic stresses continue.

How Many Flints? America’s Coast-to-Coast Toxic Crisis

Flint is just the tip of the iceberg of lead poisoning in America.

Money and Banking – The Fed and Monetary Policy

A very readable, information-rich post on what the Fed does and does not do, with emphasis on the nitty-gritty of monetary policy. If you are time-pressed, read the last item in the FAQ first, which is a terse item-by-item debunking of widely made, inaccurate statements about the Fed.

Why the Market Freakout About Bank Stocks is Well Warranted

Bad loans are not the only reason to worry about banks. ZIRP and negative interest rates will bleed them to death, and Eurobanks are at real risk of bank runs.

Capital Requirements: Another Odd Attempt to Declare Victory on Dodd-Frank

I suppose we’re going to have to deal with half-truths and logical stretches about Dodd-Frank right through until November, but Bernie Sanders’ focus on Wall Street has really ramped this up of late. The trajectory appears to be a show of proof of some sort, followed by a blog link from Paul Krugman, at which point the citation hardens into conventional wisdom. The version of this that began a few days ago with Wonkblog’s Matt O’Brien has a level of truth to it, of course, but I don’t think it reveals exactly what its endorsers think.

Jim Hightower: What Really Poisoned the Water in Flint, Michigan

Flint reveals that there is a much deeper contamination poisoning our country’s political morals.

Bill Black: How Many Lies Can the WSJ Pack into a Chart on Liar’s Loans?

Bill Black is not happy about the revisionist history on liar’s loans. And separately, this piece is a useful exercise in the critical reading of narratives.

The North Korean Connections of US Billionaire Naguib Sawiris and US Defence Company Contrack Watts

US Billionaire Naguib Sawiris and his Contrack Watts, a major US defence contractor, turn out to have ties to North Korea, via an amazingly profitable mobile phone company

Central Counterparties: The New Locus of Systemic Risk?

Central counterparties, also known as central clearinghouses, were supposed to reduce systemic risk. That story is not playing out according to its script.