The Volcker Rule: How Complexity Kills Good Ideas
“We supported former Federal Reserve Chairman Paul Volcker’s simple idea: Don’t let federally insured banks gamble in the securities markets. Taxpayers shouldn’t be forced to
“We supported former Federal Reserve Chairman Paul Volcker’s simple idea: Don’t let federally insured banks gamble in the securities markets. Taxpayers shouldn’t be forced to
“I am outraged by the increased costs of flood insurance premiums that have resulted from the Biggert-Waters Act. I certainly did not intend for these
The National Flood Insurance Program (“the Program”) was created by Congress in 1968 to mitigate the financial impact of floods on residents and communities. It
Introduction. As the Big Bank scandals appear to be diminishing, I’ll admit that it’s probably time to get over the RATs (Rapers of the American
In one of the most insightful articles I’ve read about Big Banks from the Great Depression to the present, authors Frank Partnoy and Jesse Eisinger,
Ever been overwhelmed at all the laws, rules, and regulations affecting what might otherwise be a simple residential real estate transaction? Ever wished there was
An unintended consequence of the federal government’s effort to control every aspect of finance following Wall Street’s excesses, circa 2005 – 2007, has been that
If inhaled or swallowed, lead can be very toxic, especially to small children. If ingested, it accumulates in the body’s bones and other tissues and
In a recent article in Mortgage Servicing News here, we learn that apparently 49 state attorneys general were unable to draft the terms of the
It is no secret that my regard for the Consumer Finance Protection Bureau (“the CFPB”) is akin to my regard for Bubonic Plague; they both