Tag Archives: financial regulators

The Hero In The Financial Crisis Inquiry Commission

The hero in Paul Sperry’s new book (The Great American Bank Robbery) on the housing crisis is Peter J. Wallison, who writes in the Wall Street Journal today: With the comment period now closed on its proposed rule, the Financial … Continue reading

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Increasing Financial Oversight

Here’s the view from London: While we wait for the remaining cards to fall, Congress should immediately get to work on fixing our financial industry‚Äôs oversight. Two things must done: (1) Congress must rationalise the current alphabet soup of financial … Continue reading

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What’s The Background On Subprime Lending?

According to Wikipedia: America has the most open credit market in the world because of innovations such as junk bonds and subprime mortgages. With the easing of usury laws, there evolved a big market for lending to risky types. In … Continue reading

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Bush Claims He Won’t Be Pushed Into Bad Decisions On Economy

Bloomberg News says that President George W. Bush is getting a ton of criticism from Democrats. They claim he’s not doing enough to help homeowners facing foreclosure. The President says he won’t be stampeded into “bad policy decisions” that might … Continue reading

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