Tags » Too Big To Fail

PwC highlights Ten Key Points from the Fed’s TLAC Proposal

The Fed proposed its long-awaited Total Loss-Absorbing Capacity (TLAC) requirements on October 30th. As expected, the Fed’s proposal came out tougher than the Financial Stability Board’s (FSB) TLAC standard proposed last year, 1,900 more words

Securities Regulation

Why Big Banks Could Be Forced to Raise Up to $1.19 Trillion

A plan meant to ensure that the world’s largest banks have enough of a financial cushion to absorb losses without failing could force big lenders to raise as much as $1.19 trillion by 2022. 224 more words


The Financial Industry’s Bankruptcy Plan for Resolving Failed Megabanks Would Give Unwarranted Benefits to Their Executives and Wall Street Creditors

In a recent post,[1] I summarized my forthcoming article critiquing the financial industry’s plan for resolving failed megabanks under Title II of the Dodd-Frank Act. 2,387 more words

Finance & Economics


Lest you fret gentle consumer, our world’s corporate and financial leaders seem to be taking giant strides in the areas of reform.

Reforms that would make the likes of Adam Smith shake his head… and maybe go play some pinball. 163 more words

NY Times: Justice Dept May Now Prosecute Financial Execs

New York Times — WASHINGTON — Stung by years of criticism that it has coddled Wall Street criminals, the Justice Department issued new policies on Wednesday that prioritize the prosecution of individual employees — not just their companies — and put pressure on corporations to turn over evidence against their executives.

Read more here…

Economic Justice

On Baby Names - An Essay On Progress

On Baby Names (Michael Douglas Rosen, 2013)

“Three Thousand years of beautiful tradition, from Moses to Sandy Koufax, YOU’RE GODDAM RIGHT I’M LIVING IN THE PAST!” ~ … 3,942 more words