Ackermann makes half-baked case for reform

July 30, 2009

In the debate about the future of financial regulation, most senior bank executives have been notable by their silence, preferring to lobby behind the scenes rather than argue their case in public.

from Rolfe Winkler:

Bair on ending “too-big-to-fail”

July 23, 2009

FDIC Chairwoman Sheila Bair is right now testifying in front of the Senate Banking Committee on "establishing a framework for systemic risk regulation."  This is of course hugely important.  How do we end "too-big-to-fail?"  And how do we resolve failures that are so big they pose a systemic risk?