Bankers Launch Hostile Takeover of CFPB
Last week, we discussed several developments that have the banking industry up in arms. Each of these trace back to Democratic Senator...
Firing a Researcher on Fiduciaries for Breaching A Fiduciary Duty
Over the years, I have written and spoken positively about the fiduciary standard (see e.g., this or this or this). Simply stated, a...
Regulation and Liquidity Provision
Regulation and Liquidity Provision September 30, 2015 William C. Dudley, President and Chief Executive Officer Remarks at the SIFMA...
Changes in the Home Loan Process
A reader who happens to be a mortgage loan originator send along this awesome graphic. To me, it calls bullshit on the WSJ article I...
Oh, No! Disclosure is Going to Mess Up Housing Sales!
Starting Saturday, the real-estate industry will be subject to new disclosure rules, courtesy of the Dodd-Frank law and the Consumer...
Worst. Idea. Ever.
Every now and then a remarkably bad idea springs to life. It gets debated, ridiculed and eventually discarded. In the marketplace of...
Macroprudential policy – from Tiberius to Crockett and...
Macroprudential policy – from Tiberius to Crockett and beyond Speech by Sir Jon Cunliffe Deputy Governor for Financial Stability...
What China Can Learn from America’s Plunge Protection Team
A Plunge Protection Team for China’s Markets? China may do no better at propping up markets than the U.S. Bloomberg, July 13, 2015....