Op-Eds
Crisis Management
One of the more confusing aspects of the great economic meltdown of 2008-09—even more confusing than collateralized debt obligations—has been the tortured…
News Release
Obama’s Glass-Steagall 2.0 Could Crash Financial System
President Obama’s proposal today to bring back 1930s-like separation of commercial and investment banks, dubbed Glass-Steagall II or Glass-Steagall 2.0, would do little to prevent…
Op-Eds
The Bank Tax and the Bay State
As the race for the late Ted Kennedy’s seat goes into the home stretch, financial-services policy has suddenly emerged as a top issue in…
Op-Eds
SarBox Might be Coming to an End
Prospects for substantial relief from or repeal of one of the most burdensome corporate regulations in recent memory have suddenly grown in Congress and…
Op-Eds
Obama’s Penalty Tax Could Hit Banks that Refused TARP Funds
President Obama’s so-called Financial Crisis Responsibility Fee is a tax in search of a target. Today, the president declared, “We want our…
Blog
Obama Bank “Responsibility Fee” Is Destructive, Hypocritical and Likely Unconstitutional
The so-called Financial Crisis Responsibility Fee is a tax in search of a target. Today, the President declared, “We want our money back.” Yet his…