After long months of wrangling, the U.S government and 49 states announced yesterday a settlement agreement in the bank foreclosure scandal. But despite the tough negotiating stances taken by some states attorneys general, the end result represents only ...
Tag: financial regulation
Blog Post - February 10th, 2012
All terms: bailout, banking, Bankruptcy, Barack Obama, Fannie Mae, financial regulation, Government, GSE, Housing Market
Feature - January 11th, 2012
It’s fairly simple to see why Wall Street is an easy target. The monied status quo is always a target for the ire of the little guy. But beyond hating those who achieve financial success, a largely unproductive activity, it’s worth understanding what Wa ...
Blog Post - January 5th, 2012
Ever the entertainer, Bill Gross of PIMCO has some interesting thoughts in his early January Investment Outlook . For running a mainly debt outfit, Gross is quite bearish on the stuff—criticizing sovereign debt and indicating that another official bo ...
All terms: Debt, Debt, financial regulation, Government, quantitative easing, U.S. Government
Feature - June 22nd, 2011
Since the beginning of human society, people have attempted to avoid the long arm of government. And when government starts throwing its weight around too much, history demonstrates, people will simply move underground to survive.
“When government ...
Blog Post - May 26th, 2011
In the United States, there are literally hundreds (see the list below) of agencies that regulate, evaluate, protect, standardize, and monitor the daily goings-on of U.S. citizens. The Federal Register is a compendium of all the rules and regulations th ...
All terms: banks, currency, Currency, Financial Crisis, financial regulation, Free Market, Government, Personal Finance
Blog Post - September 7th, 2010
Back in July, when U.S. Congress passed the Wall Street Reform and Consumer Protection Act (née Financial Regulation Bill or Dodd-Frank Bill) that gave the government and Federal Reserve sweeping new powers to shutter financial firms, regulate derivativ ...
All terms: financial regulation, Free Market, Government, U.S. Dollar
Feature - July 21st, 2010
The best thing that can be said for the Dodd-Frank financial reform bill is that it may have an unintended, beneficial consequence. By broadly expanding the regulatory powers of the U.S. Federal Reserve system the bill may put the Fed in such a position ...