The Financial Crisis and the Role of Federal Regulators PDF Download

Author: United States Congress
Publisher: Createspace Independent Publishing Platform
ISBN: 9781978267633
Category :
Languages : en
Pages : 118

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Book Description
The financial crisis and the role of federal regulators: hearing before the Committee on Oversight and Government Reform, House of Representatives, One Hundred Tenth Congress, second session, October 23, 2008.

Author: United States. Congress. House. Committee on Oversight and Government Reform
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 120

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Book Description

Author: United States. Financial Crisis Inquiry Commission
Publisher: Public Affairs
ISBN: 1610390415
Category : Business & Economics
Languages : en
Pages : 578

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Book Description
Examines the causes of the financial crisis that began in 2008 and reveals the weaknesses found in financial regulation, excessive borrowing, and breaches in accountability.

Author: Richard J. Hillman
Publisher: DIANE Publishing
ISBN: 1437923399
Category : Law
Languages : en
Pages : 25

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Book Description
This is a print on demand edition of a hard to find publication. In the midst of the worst economic crisis affecting financial markets globally in more than 75 years, fed. officials have taken unprecedented steps to stem the unraveling of the financial services sector. While these actions aimed to provide relief in the short term, the severity of the crisis has shown clearly that in the long term, the current U.S. financial regulatory system was in need of significant reform. This testimony discusses: (1) how regulation has evolved and the significant limitations and gaps in the existing regulatory system; (2) the experiences of countries with other types of varying regulatory structures during the financial crisis; and (3) how certain aspects of proposals would reform the U.S. regulatory system. Charts and tables.

Author: Orice Williams Brown
Publisher: DIANE Publishing
ISBN: 1437919650
Category : Business & Economics
Languages : en
Pages : 136

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Book Description
This report studies the role of leverage in the current financial crisis and federal oversight of leverage. The objectives were to review: (1) how leveraging and de-leveraging by financial institutions may have contributed to the crisis; (2) regulations adopted by federal financial regulators to limit leverage and how regulators oversee compliance with the regulations; and (3) any limitations the current crisis has revealed in regulatory approaches used to restrict leverage and regulatory proposals to address them. Includes recommendations. Charts and tables.

Author: Orice Williams Brown
Publisher: DIANE Publishing
ISBN: 1437933254
Category : Business & Economics
Languages : en
Pages : 18

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Book Description
In 2009 a study was conducted on the role of leverage in the recent financial crisis and federal oversight of leverage, as mandated by the Emergency Economic Stabilization Act. This testimony presents the results of that study, and discusses: (1) how leveraging and deleveraging by financial institutions may have contributed to the crisis; (2) how federal financial regulators limit the buildup of leverage; and (3) the limitations the crisis has revealed in regulatory approaches used to restrict leverage and regulatory proposals to address them. To meet these objectives, the auditor built on an existing body of work, reviewed relevant laws and regulations and academic and other studies, and interviewed regulators and market participants. Illustrations.

Author: Ben Bernanke
Publisher: Princeton University Press
ISBN: 0691158738
Category : Business & Economics
Languages : en
Pages : 144

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Book Description
Collects a series of lectures the chairman of the U.S. Federal Reserve gave in 2012 about the Federal Reserve and the 2008 financial crisis.

Author: United States. Congress. House. Committee on Financial Services. Subcommittee on Financial Institutions and Consumer Credit
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 144

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Book Description

Author: United States. Congress. Senate. Committee on Homeland Security and Governmental Affairs. Permanent Subcommittee on Investigations
Publisher:
ISBN:
Category : Bank failures
Languages : en
Pages : 706

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Book Description

Author: Ross Buckley
Publisher: Kluwer Law International B.V.
ISBN: 9041139427
Category : Law
Languages : en
Pages : 360

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Book Description
The global financial system has proven increasingly unstable and crisis-prone since the early 1980s. The system has failed to serve either creditors or debtors well. This has been reinforced by the global financial crisis of 2008, where we have seen systemic weaknesses bring rich countries to the brink of bankruptcy and visit appalling suffering on the poorest citizens of poor countries. Yet the regulatory responses to this crisis have involved little thinking from outside the box in which the crisis was delivered to the world. This book presents a powerful indictment of this regulatory failure and calls for greatly increased attention to international financial law and analyses new regulatory measures with the potential to make a new recognition of the principles that ought to underlie it. Using a historical approach that compares the various financial crises of the past three decades, the authors clearly show how misconceived economic policy responses have paved the way for each next ‘crash’. Among the numerous topics that arise in the course of this revealing analysis are the following: overvalued exchange rates; excess liquidity in rich countries; premature liberalisation of local financial markets; capital controls; derivatives markets; accounting standards; credit ratings and the conflicts in the role of credit rating agencies; investor protection arrangements; insurance companies; and payment, clearing and settlement activities. The authors offer detailed commentary on: the role of multilateral development banks, the IMF and the WTO in responding to crises; the role of the Basel Accords, the Financial Stability Forum and Board, and the responses of the European Commission, the US, and the G20 to the most recent crisis. The book concludes by exploring systemic game-changing reforms such as bank levies, financial activities taxes and financial transaction taxes, and a global sovereign bankruptcy regime; as well as measures to remove the currency mismatches from the balance sheets of developing countries. Apart from its great usefulness as a detailed introduction to the international financial system and its regulation, the book is enormously valuable for its clear identification of the areas of regulatory failure, and its analysis of new regulatory approaches that offer the potential for a genuinely more stable system. Banking and investment policymakers at every level, the lawyers that serve these markets and the regulators that seek to regulate them, cannot afford to neglect this book.