The Great Debate

Are the big banks winning?

By Charles R. Morris
October 24, 2012

The Dodd-Frank Act to re-regulate the big banks was intentionally tough. It was passed in the wake of the 2008-2009 financial crash to end cowboy banking; require far more capital  and much less leverage, and rein in the trading-desk geniuses who pumped up serial bubbles. Since Congress is a poor forum for crafting such a complex statute, the details were left to the expert regulatory agencies.

from Commentaries:

Wall Street may find itself on the hook

September 10, 2009

Sometimes legal fishing expeditions pay off.

A year ago, a Connecticut hedge fund sued UBS, contending that it knowingly sold toxic mortgage-backed securities to institutional investors but never disclosed that information.

from Commentaries:

UBS settlement leaves Switzerland scarred

August 19, 2009

UBS, Switzerland and the United States can all claim a sort of victory from the settlement on Wednesday of their tax dispute.

The CEO is the latest endangered species

March 6, 2009

ericauchard1— Eric Auchard is a Reuters columnist. The opinions expressed are his own —

The revolving doors are spinning ever faster in the executive suites of corporations.

Nationalization: Terrible but inevitable

By J Saft
January 23, 2009

James Saft Great Debate — James Saft is a Reuters columnist. The opinions expressed are his own —

Nationalization of weak banks in Britain and the United States may be preferable to current plans for insurance and soft “bad banks” schemes which risk being swamped by future losses as assets, especially real estate, continue to crater.