Category Archives: Regulations and regulators

Gaius Publius: The Constant Cost of Carbon — Another California Oil Spill

The climate/political nexus behind the latest California oil spill.

SEC Commissioner Kara Stein Issues Blistering Dissent on Waivers for Bank Recidivists

SEC Commissioner Kara Stein strikes again, this time to object to the SEC giving waivers to recidivist bank bad actors.

Barney Frank Denies Earlier Reports That He Called for Weakening Dodd Frank Private Equity Reforms

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.

Wall Street’s Nemesis, Benjamin Lawsky, to Resign in June

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.

Are The IMF and the EU at Loggerheads Over Greece?

An overview of the history of the economic dispute between the IMF and the Eurozone creditors over Greece, and what that means for the ongoing negotiations.

IMF Paper Finds That Too Much Finance is Bad for Growth

A new IMF paper strikes another blow against the idea that Big Finance is good for you.

European Commission Tables Proposal on Greece to Break Logjam [Updated: EC Issues Denial]

More fog of reporting….did the European Commission lodge a proposal to break the Greek negotiating logjam? If so, it’s backpedaling at high speed.

Greece Cornered as IMF and ECB Refuse to Relent

A flurry of stories this weekend confirms that Greece and its creditors remain hopelessly at odds. The inertial path is to a Greek default

Bill Black: Krugman is Half Right

Paul Krugman’s latest column fingers some valid targets but lets way too many other equally deserving ones off.

SEC Official Effectively Thanks Gretchen Morgenson and Mark Maremont for Embarrassing Private Equity into Cleaning Up a Tad

The SEC’s acting director of examinations gave a progress report a year after his predecessor exposed widespread misconduct in private equity. But is the agency goingfar enough?

Elizabeth Warren’s Trade Deal Fears Confirmed: Canada Uses NAFTA to Challenge Volcker Rule

Elizabeth Warren’s concerns about trade deals undermining financial regulations get an unexpected confirmation from Canada.

Federal Reserve Goes Silent About Our Freedom of Information Request on Greece

Not surprisingly, the central bank has gone mum about a Freedom of Information Act request we submitted over two months ago.

Mr. Market Says Dodd-Frank Isn’t Working

One way to fix Dodd-Frank is to break up big financial firms.

Greece Finally Threatens Default as Deal with Creditors Remains Remote

A Greek default looms, but what does that mean for Greece and its creditors?