Regulation
Another indictment of Dodd-Frank regulations
If you need more evidence that the Dodd-Frank financial regulations are likely to do more harm than good, read South Carolina law professor William J. Quirk‘s article in the latest…
Too big to fail
a concept that certain corporations or financial institutions are so large and interconnected that their failure would be disastrous to the greater economic system, and that they therefore must be supported by government when facing potential failure
Regulation
AEI scholar highlights both sides of the debate over breaking up big banks
James Pethokoukis of he American Enterprise Institute, a supporter of proposals to break up the nation’s largest banks, nonetheless devotes part of his latest column to exposing readers to an…
Liberty
Too Big to Fail
The Flat Rock Playhouse needs money badly. The article in the local daily featured a photo of Las Vegas style women to help you understand. The General Assembly approved a…
Regulation
More evidence of the problems associated with overregulation
The latest edition of The American Scholar, a Phi Beta Kappa publication, features South Carolina law professor William J. Quirk’s lengthy examination of the “too big to fail” phenomenon. Among…
Liberty
We should dump the Too Big to Fail idea
Peter Wallison and Cornelius Hurley argue in this excellent Forbes article that it would be highly beneficial for the country if Washington dumped the TBTF idea, which causes banks to…
Liberty
A different kind of bailout
Cash isn’t the only method government has for bailing out an industry that ought to be left to its own fate, as the latest Bloomberg Businessweek explores. On June 28,…
Elections & Public Integrity
Historian Ferguson examines the president’s re-election chances
Niall Ferguson opens his latest Newsweek column with the suggestion that the recent blast of spring — “a bit of blossom on the trees” — has caused people to lose…
Budget, Taxation & Economy
Carney nicknames the president Barack O’Bailout
Crony capitalism critic Timothy P. Carney compares the president’s campaign rhetoric to his actual performance in a new Washington Examner column: As President Bush’s Great Wall Street Bailout steamrolled its…
Liberty
BAC Writedown: The Big Payback
Sold me out, for chump change (yes you did!!) Told me that they, they had it all arranged You handed me down, and thats a fact Now you’re pumped, You…
Liberty
Did Moynihan Save or Doom BAC?
Initial stock price reax says “save,” but such hyper short-term thinking got us in this mess, didn’t it? And the CEO’s superlawyer rep seems to have come in handy negotiating…
Liberty
Stumpf, Dimon Whine and the Fed Folds
Wells Fargo chief John Stumpf and JP Morgan boss Jamie Morgan complain about the prospect of greater capital constraints on TBTF banks and — boom — instant capitulation from the…
Liberty
BAC Tests New 52-Week Low
Hello. This would be the wake-up call we said was coming. There is just not enough lending by BAC — or WFC for that matter — to sustain the bank’s…