Bill Black: New Labour Leaders Want to Go Back to Blair’s Policies That Blew Up the UK
How Tony Blair sold deregulation, and why his bad prescription is so hard to kill.
Read more...Category Archives: Regulations and regulators
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?
Read more...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.
Read more...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.
Read more...Mr. Market Says Dodd-Frank Isn’t Working
One way to fix Dodd-Frank is to break up big financial firms.
Read more...Greece Finally Threatens Default as Deal with Creditors Remains Remote
A Greek default looms, but what does that mean for Greece and its creditors?
Read more...Home (and Solvency) Bias at the Fed
A recap of the marquee talk at the “Finance and Society” conference in Washington last week, between Janet Yellen and Christine Lagarde.
Read more...Latest Award of Frederic Mishkin Iceland Prize for Intellectual Integrity: Former CBO Director Holtz-Eakin’s Garbage-In, Garbage Out Attack on Dodd Frank
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...Belvedere Management and its $16Bn: Now Looking More Like a Huge Collapsing Scam
As the regulatory actions accumulate, Belvedere Management looks less and less like a maligned fund manager, and more and more like a giant fraud. How much of the $16Bn it purported to manage is left?
Read more...At INET Conference, Warren Adds Two Pieces to Her Financial Reform Framework
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...Fast Track/TPP: The Death of National Sovereignty, State Sovereignty, Separation of Powers, and Democracy
How the TPP, if passed and implemented, would create profound governance changes in the United States without benefit of the constitutional amendments that would normally be required to accomplish such changes.
Read more...We Made an SEC Private Equity Whistleblower Filing
We made an SEC whistleblower filing based on an astonishing admission by a private equity firm, Riverside Partners.
Read more...John Helmer: Ukraine Readies Itself for War When No One Wants to Pay for It
The IMF is finding it hard to put enough lipstick on the pig of financing Ukraine.
Read more...MSNBC’s Egalitarian Krystal Ball, and Her Husband Jonathan Dariyanani, Star of Numerous International Pump and Dumps
A shallow dive into the financial dealings of Krystal Ball of MSNBC and her husband Jonathan Dariyanani
Read more...The TPP: Toward Absolutist Capitalism
The TPP implies a form of absolute rule and enshrines capitalism as a principle of jurisprudence.
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