March 7, 2017
Is $321 Billion The Right Amount?
The Boston Consulting Group has released its Global Risk 2017 report, Staying the Course in Banking. Buried in the report is Boston Consulting’s calculation of the amount of penalties paid by banks since the financial crisis: $321,000,000,000. The report states, … Continue reading
March 7, 2017 in Regulation | Permalink | No Comments
February 24, 2017
The Money Problem
I recently read The Money Problem: Rethinking Financial Regulation by Morgan Ricks (University of Chicago Press 2016). While it is not a book for the financially faint of heart, it does provide a great introduction to what money is and what … Continue reading
February 24, 2017 in Regulation | Permalink | No Comments
February 22, 2017
GSE Investors’ Hidden Win
The big news yesterday was that the US Court of Appeals for the DC Circuit ruled in the main for the federal government in Perry Capital v. Mnuchin, one of the major cases that investors brought against the federal government … Continue reading
February 22, 2017 in Regulation | Permalink | No Comments
February 17, 2017
Kushner Conflicts with Fannie & Freddie
Bloomberg quoted me in Kushner’s Use of U.S.-Backed Apartment Loans Poses Conflict Risk. It opens, Jared Kushner relinquished control of his family’s multibillion-dollar real-estate business in January to eliminate conflicts of interest when he became a top White House adviser to … Continue reading
February 17, 2017 in Regulation | Permalink | No Comments
February 16, 2017
Return to the Great Recession?
US News & World Report quoted me in What Happens if Trump Dismantles the Financial Regulations of the Great Recession? It opens, On Feb. 3, 2017, President Donald Trump signed two executive orders that will affect the financial sector. That change … Continue reading
February 16, 2017 in Regulation | Permalink | 1 Comment
February 15, 2017
Impact on Consumers of Dodd-Frank Repeal
TheStreet.com quoted me in What Would a Repeal of Dodd-Frank Mean to Consumers? It reads, in part, With the political atmosphere unsettled at best, much of the current talk out of Washington, D.C. centers on unraveling the Dodd-Frank Act. But what would … Continue reading
February 15, 2017 in Regulation | Permalink | No Comments
February 14, 2017
Dodd-Frank Repeal Unappealing for Homeowners
The Hill published my latest column, Why Repealing Dodd-Frank Is Unappealing if You Own a Home. It opens, President Trump has made it clear that he wished to dismantle the Dodd-Frank Wall Street Reform and Consumer Protection Act. Just two weeks … Continue reading
February 14, 2017 in Regulation | Permalink | No Comments
