Topic
Systemic Risk
220 published works
Securities Law Prof Blog
Reiss on Fannie & Freddie
Coming Out of Conservatorship: Developing an Exit Strategy for Fannie and Freddie, by David J. Reiss, Brooklyn Law School, was recently posted on SSRN. Here is the abstract: This brief…
InsureReinsure
House Financial Services Subcommittee Holds Hearing Regarding the Federal Regulation of Insurance and Systemic Risk
On June 16, 2009, the United States Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises (the “Subcommittee”) held a hearing regarding how to improve oversight of the…
Securities Law Prof Blog
Committee on Capital Markets Regulation Sets Forth Recommendations for Regulatory Reform
On May 26, the Committee on Capital Markets Regulation released The Global Financial Crisis: A Plan for Regulatory Reform. The complete report, as well as the Executive Summary, is available…
Securities Law Prof Blog
Lo on Regulatory Reform
Regulatory Reform in the Wake of the Financial Crisis of 2007-2008, by Andrew W. Lo, MIT Sloan School of Management; National Bureau of Economic Research (NBER), was recently posted on…
Securities Law Prof Blog
GAO Testifies on Hedge Funds
The GAO released testimony it presented before the Senate Subcommittee on Capital Markets on Hedge Funds: Overview of Regulatory Oversight, Counterparty Risks, and Investment Challenges GAO-09-677T, May 07, 2009. This testimony…
Legal Profession Blog
My Iconoclastic Approach to Contract Theory (or Its Ultimate Failure) – The Financial Crisis Edition
Posted by Jeff LipshawI was reading Bill Saporito's article in the March 19 Time on how AIG got "too big to fail," and one comment jumped out at this contract…
Pension Risk Matters
Does More Financial Regulation Make Us Safer?
According to its March 26, 2009 press release, the U.S. Department of Treasury advocates what they call "comprehensive reform" to modernize the U.S. financial system and seek to avoid major meltdowns.…
Securities Law Prof Blog
Bernanke Speaks on Financial Reform
Chairman Ben S. Bernanke gave a speech today at the Council on Foreign Relations, Washington, D.C. on Financial Reform to Address Systemic Risk:At the same time that we are addressing…
Securities Law Prof Blog
Schwarcz on Financial Safety Net
Too Big to Fail?: Recasting the Financial Safety Net, by Steven L. Schwarcz, Duke University - School of Law, was recently posted on SSRN. Here is the abstract:Government safety nets…
Securities Law Prof Blog
GAO Testimony on Systemic Risk Released
SYSTEMIC RISK: Regulatory Oversight and Recent Initiatives to Address Risks Posed by Credit Default Swaps; Highlights of GAO-09-397T:The U.S. financial system is more prone to systemic risk today because (1)…