Lazy Cat

Just a lazy cat in a dog-eat-dog world.

Banking Regulation

http://www.nytimes.com/2010/04/19/opinion/19krugman.html?th&emc=th

http://rortybomb.wordpress.com/2010/04/16/clearing-versus-exchange-with-a-graph-and-a-chart/

4/27/2010 – HUFFPO: 13 Bankers: The American Oligarchs and the Systemically Dangerous Institutions (SDIs) they Rule  http://www.huffingtonpost.com/william-k-black/13-bankers-the-american-o_b_553702.html

5/4/2010 – NEWDEAL 2.0:  A “Modest Proposal” for Capital Market Reform:  Close down Rule 144A  http://www.newdeal20.org/2010/05/04/a-%e2%80%9cmodest-proposal%e2%80%9d-for-capital-market-reform-close-down-rule-144a-10400/

5/10/2010 – RORTYBOMB:  SAFER Makes the Argument for why Banks Should Not Be Derivative Dealers http://rortybomb.wordpress.com/2010/05/10/safer-makes-the-argument-for-why-banks-should-not-be-derivative-dealers/

6/24/2010 – A Mortgage in the State of Nature? Mike Konczal  http://rortybomb.wordpress.com/2010/06/24/a-mortgage-in-the-state-of-nature/

6/29/2010 – Financial Reform Bill Breakdown, Lucy and the Football  Mike Konczalhttp://rortybomb.wordpress.com/2010/06/29/financial-reform-bill-breakdown-lucy-and-the-football/

5/16/2010 – NAKED CAPITALISM:  You Say You Are a Market Maker?  Great, Act Like One – http://www.nakedcapitalism.com/2010/05/you-say-you-are-a-market-maker-great-act-like-one.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+NakedCapitalism+%28naked+capitalism%29

 5/25/2010 – REAL-WORLD ECONOMICS REVIEW:  Ficticious Capital – http://rwer.wordpress.com/2010/05/25/fictitious-capital/

7/5/2010 – THE FOURTEENTH BANKER: Our Vichy Regime Regulators – http://thefourteenthbanker.wordpress.com/2010/07/05/our-vichy-regime-regulators/#respond

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1 Comment»

  lucyhoneychurch wrote @

Re-Regulation Worksheet –

MORTGAGES:
1. You originate ’em you own ’em.
2.

DERIVATIVES:
1. Exchanges
2. Clearinghouses

UPSTAIRS:
1. Glass Steagall
2. NYSE Rule 98 Principle – separation of market makers & dealers.
3. Paycaps only if relative to proportion of highest paid v. lowest paid acceptability ratio
4. Close down Rule 144A
5. Uptick Rule

GOVERNMENT:
1. Protection extends only to commercial/consumer banks dealing directly with the Public
2. $500MM (?) size cap on TBTF Banks
3. Laws not Rules for FinRegs – civil/criminal penalties, SEC must be funded adequately
4. Consumer Protection must be independent – NOT beholden to Treasury – and adequately funded
5. Fed must remain independent
6. Federalize all election campaigns – including local judicial campaigns
7. Frontrunning prosecutions
8. Materially misleading prosecutions
9. Specter Amendment
10. Volker Rule
11. Brown – Kaufman SAFE Banking Act/Amendment

HEDGE FUNDS:
1. $100MM (?) size cap to trip public disclosure standards


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