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Academic
: ConglomerateDodd-Frank: Views From Elsewhere
By Gordon Smith, Christine, Hurt, Vic Fleischer, Fred Tung, Lisa Fairfax, David Zaring
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It's a big bill, one that does a lot of things. One must flood the zone:
- Michael Barr, currently at Treasury, usually at Michigan, notes that Congress gave the department the authority to enter into Basel III.
- Peter Henning foresees a cultural change in the SEC. You can see that that old weird incentive for turf maximizing regulators - do a bad job, get a budget increase - is hard at work, as he notes. One might think of the agency as today's southern prison warden.
- Mike Koehler is very worried about a little foreign corrupt practices reporting requirement for publicly traded extraction firms.
Full post as published by Conglomerate on July 20, 2010 (boomark / email).
Lawsuits and Settlements
Frank Bluestein, The Maximum Financial Group, Inc., Questar Capital Corporation, and Gunnallen Financial, Inc.
alleging schemed investors out of hundreds of millions of dollars.
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