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12 Nov 2009, 1:59 am
For information regarding subscribing to Gallerywatch services contact [www.gallerywatch.com] Â Subscription needed for online access: Â 11/10/2009 Draft Legislative Text of the Restoring American Financial Stability Act, S.G.W. 130 (PDF 1.7 MB) Draft of the Bill as Expected to be Unveiled by Senate Banking, Housing and Urban Affairs Chairman Chris Dodd on Nov. 10, 2009 11/10/2009 Summary: Restoring American Financial Stability Act, S.G.W. 130 (PDF 276 KB) Summary of the Bill as Unveiled… [read post]
3 Nov 2009, 10:23 am by Howard Knopf
If this is so, is it too much to ask that our government inform Canadians what this is all about in language that Canadian lawyers, bankers and other stakeholders can understand? [read post]
27 Oct 2009, 6:52 pm
When he filed this motion, he was an of counsel at Aguilera International Counsel. [read post]
27 Oct 2009, 6:15 am
Open to Debate Bernanke, replying to a question by former U.K. central banker John Gieve, said he is open to the debate on whether regulators would restrict the size and scope of the biggest institutions. [read post]
25 Oct 2009, 9:00 pm
Vanderbilt Holger Spamann (Harvard), Regulating Bankers’ Pay. [read post]
1 Oct 2009, 6:53 am
When they met earlier this month, G-20 finance ministers and central bankers called for global improvements in corporate governance. [read post]
28 Sep 2009, 6:32 am
  And if you disagree with that, you have a bone of contention not only with me, but with the Chairman of the British Bankers' Association, Stephen Green, who has said exactly the same thing in very similar words, when he argued that ‘in recent years, banks have chased short-term profits by introducing complex products of no real use to humanity', and when he recognised that ‘some… [read post]
28 Sep 2009, 3:22 am
The answer is, I think, that formal international institutions are clunky and often tripped up by basic formalities of the treaty process that creates them. [read post]
14 Sep 2009, 7:38 am
  Congress also needs to institute sharp curbs on derivatives. [read post]
3 Sep 2009, 9:32 am by Hunton & Williams LLP
Moreover, bankers who have taken provisions are thought to have recognized their institutions’ issues. [read post]
27 Aug 2009, 10:56 am
There is a clear analogy with tax theory, he said, in which internalizing the risk eliminates market failures. [read post]
26 Aug 2009, 4:41 pm
  Banker friends (or friends of bankers) tell me that "the bankers deserve the big bonuses, because they do difficult work. [read post]
21 Aug 2009, 12:09 pm
 We all know that the corporal would be an Political Science intern from Harvard College rather than an Aggie major from a community college. [read post]
13 Aug 2009, 11:49 am
In another departure from the draft rules, the FSA code now applies to just 27, rather than 47, institutions, exempting many smaller banks and international groups with London-based branches. [read post]
7 Aug 2009, 3:25 am
The case is highly significant both for the global financial services industry and for those having to deal with the insolvency or near insolvency of financial institutions. [read post]
20 Jul 2009, 4:48 pm by Moderator
The owners of the Swiss accounts would receive periodic statements indicating: a) debits of varying amounts, up to $2,300 each, and b) offsetting credits provided by the wealthy, but unnamed, "international financier. [read post]
28 Jun 2009, 10:46 am
The international impact of the recent collapse of large, complex financial institutions demonstrated that global systemic risk posed by such institutions needs to be dealt with by close cooperation among regulators. [read post]
18 Jun 2009, 5:19 pm
This edition of “Petitions to Watch” features cases up for consideration at the Justices’ private conference on June 25, the final conference of this Term. [read post]
11 Jun 2009, 6:15 am
As institutions that receive much of their funding from deposits, banks are inherently leveraged. [read post]