Category Archives: Regulations and regulators

Perry Mehrling: Volcker Alliance Describes How Regulatory Silos, and Also Intellectual Silos, Hold Back Financial Reform

A report by the Volcker Alliance on financial reform is readable and meaty, and curiously dropped from media sight.

Dick Fuld Continues to Exhibit Advanced Case of Wall Street CEO Derangement Syndrome

It appears that having the financial crisis analogue to the captain of the Titanic carry on in the stereotypical super-entitled Wall Street CEO manner was too much for the tender sensibilities of CNBC.

Perry Mehrling: Derivatives Remain a Blind Spot in the TBTF Debate

Current proposals to deal with the too big to fail problem fall way short as far as disarming derivatives risk is concerned.

Three Former SEC Commissioners Urge Mary Jo White to Stop Protecting Corporate Cronyism via Inaction on Disclosure of Political Spending

SEC Chairman Mary Jo White is caught out at her corporate crony tricks yet again.

SEC Vindicates Deutsche Bank Derivatives Whistleblowers Eric Ben-Artzi and Matthew Simpson

Three SEC whistleblowers have been proven right in charging Deutsche Bank with misreporting its biggest derivatives risk,. the bank, predictably, looks to have gotten off easy.

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.