Too Big To Fail

Imagine for a moment that you are the CEO of a large bank. Offered the opportunity to participate in a risky business deal, you say, “Yes.” If the venture succeeds, you benefit. If it fail…

A Rule About Gold

Yes, gold is a part of Dodd-Frank financial regulation but not exactly the way you would expect. Dodd-Frank says that businesses have to tell the SEC if the gold, tin, tantalum, and tungsten (the 3 Ts…

Government Rules

What is a “systemically important” financial institution? 2300 pages of financial regulation do not specifically tell us. Instead,regulatory agencies will have to decide. One study indicat…

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