by Henry Oliner | Apr 26, 2012 | Economics
Nicole Gelinas writes in Investor’s Business Daily The Four Lessons Of Dodd-Frank We Need To Learn 3/26/12. Excerpt: Regulators should require financial firms — banks or not — to hold a consistent amount of capital behind their investments. It’s not...
by Henry Oliner | May 28, 2010 | Business, Economics, Politics
“A dynamic economy will always have booms and busts. But the story of the past twenty-five years is that Washington has created a financial system that cannot withstand the destructive part of creative destruction – necessary for free markets- without...
by Henry Oliner | Apr 7, 2010 | Business, Economics, Politics
“Washington may also be tempted to go on as before for the same reason it did in the wake of its Continental Illinois and Long-Term Capital management bailouts. Back then government regulators and financial executives came to believe: if we can fix this, we can...
by Henry Oliner | Mar 28, 2010 | Economics, Politics
“Creating a systemic risk regulator would be a continuation of that regulatory confusion. Just as bad, a systemic risk regulator would work against Washington’s credibility in ending too-big-to-fail. Investors would be lulled into false confidence that...
by Henry Oliner | Mar 19, 2010 | Business, Economics, Politics
“The first step to restoring the robust financial markets that can support global capitalism is to reassert the market’s ability to discipline itself without endangering the economy. Through its too-big-to-fail policy, expanded over the quarter...
