Post Crisis Measures Have Failed to Tame Derivatives Risks
Derivatives remain an untamed systemic risk.
Read more...Category Archives: Regulations and regulators
Senators Unveil Legislation To Protect Patients Against Surprise Medical Bills
Medical bills are so out of hand that despite the power of the health industry lobbyists, some Senators are taking on the worst abuses.
Read more...Michael Hudson: The Lehman 10th Anniversary Spin as a Teachable Moment
Why you should take conventional wisdom about the Lehman collapse and the crisis with a fistful of salt.
Read more...Double Whammy: Implicit Subsidies and the Great Financial Crisis
Follow the subsidies, and you will understand why we had the crisis and why not enough has been done to prevent a recurrence.
Read more...Jumping the Abyss: Marriner S. Eccles and the New Deal, 1933-1940
An in-depth look at Marriner Eccles’ ideas and policies, and how well they have withstood the test of time.
Read more...Brexit: Circling the Drain?
Has anything changed on the Brexit front?
Read more...Revolving Doors and Regulatory Capture
Looking at the costs of and some possible responses to regulatory capture.
Read more...State AGs to Step Up Enforcement Against Tech Companies?
The WSJ reported Monday that state AGs, who include many Republicans, are poised to step up enforcement against big tech. Interesting times may lie ahead.
Read more...UK Consumers Sour on Plastic Packaging
Surveys indicate that consumers are souring on the ubiquitous use of plastic packaging– at least in the UK. Yet these shifts alone won’t be sufficient to address the problem. Governments must up their regulatory game, and global action is necessary.
Read more...Pigs Want To Feed at the Trough Again: Bernanke, Geithner and Paulson Use Crisis Anniversary to Ask for More Bailout Powers
The chief architects of the exercise in looting otherwise known as the post-crisis rescues are back promoting more of the same.
Read more...Marshall Auerback: Central Bankers as ‘Dealers of Last Resort’
In their 21st-century role as counterparty/dealer/insurer of last resort, central bankers must not simply use their balance sheets indiscriminately to provide a liquidity backstop during the downturns. They must embrace this counterparty role as an umpire, rather than an enabler.
Read more...How Supreme Court Pick Brett Kavanaugh Could Return US Policy to the Era of Robber Barons
Understanding Supreme Court nominee Brett Kavanaugh’s potential impact on corporate regulation and the climate means looking back all the way to 1890, to the era of Lochner v. New York and the robber barons.
Read more...Second Circuit Narrows Reach of Foreign Corrupt Practices Act
Second Circuit last week narrowed the reach of the Foreign Corrupt Practices Act, but will not redirect the DoJ to focus on enforcement of more significant violations that occur closer to home.
Read more...UN to Launch Talks on Treaty to Regulate High Seas
Talks kick off in New York on Tuesday to negotiate a UN treaty on the high seas by 2020; this would extend the existing law of the sea framework beyond each nation’s territorial waters.
Read more...India: Demonetization Debacle
RBI annual report reaffirms demonetization had little impact on ferreting out black money; BJP majority blocks release of scathing parliamentary standing committee on finance report on the policy’s failure.
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