Gretchen Morgenson, NY TIMES 1/5/14, A roadblock to brawny Bank Reform. The need for tougher Capital Rules. ” It is unclear why the Fed is stalling on the leverage ratio to be maintained to prevent risk and create a Bank capital cushion that frees the public from another bailout? “Basel 3 will not be implemented … More PUBLIC ADVOCACY: The need for Bank Capitalization and Regulation
Thoughts on changes for the New Year./ The ” Honey Trap” beware an increased Social Safety Net without the Benefit of Regulation. You don’t want one without the other. I’ ll tell you why? 1. Thoughts on Regulations; obscure, redundant , costly except where they need to be strengthened. Like Dodd Frank, a waste of … More PUBLIC ADVOCACY: Thoughts on changes in the new year: Social Safety Net & Regulations, etc
I listened to a Conversation with Peter Orszag, Conducted By The Atlantic’s Interviewer Steve Clemons ( Washington’s Editor at large) After listening and asking questions, I thought there’s lot’s to worry about. We’ve got brilliant self promoting kids, dazzling us with their brilliance and what do they know, they know numbers. They know algorithms … More PUBLIC ADVOCACY: A Conversation with Peter Orszag
The facts, behind the Bi- Partisan/ Bah Humbug Post! The Volcker rule. Has been Implemented. 5 different regulators , 5 different interpretations. In this case , “nothing would have been better then something.” August Wilson‘s words to live by! They did worse then nothing they presented the appearance of having done something. Which is Bad … More PUBLIC ADVOCACY: The facts behind the Bi-partisan agreement
Far be it for me to rain on anyone’s parade. If I have, can’t say, I’m the least bit sorry. In the old days when you fought with your brother, your mother didn’t say shake hands and forget about it! No sir, first she beat you both up , or if she was inclined, punished … More PUBLIC ADVOCACY: Bi-Partisan/Bah Humbug!