by French Caldwell | January 11, 2010 | 1 Comment
In the heyday that preceded the crash, banks did not take the public sentiment about huge bonuses seriously, but what’s surprising is that since the crash they haven’t figured out a way to reward risk takers without risking their reputations. When the gap between public expectations of corporate behavior, and the actions taken by corporations [...]
Category: Uncategorized Tags: Financial Regulations, Public Policy, reputational risk, Systemic Risk
by French Caldwell | June 17, 2009 | Comments Off
“Today, my administration is proposing a sweeping overhaul of the financial regulatory system, a transformation on a scale not seen since the reforms that followed the Great Depression,” announced President Barack Obama today from the White House. While the changes are big, they are not as sweeping as they could have been. Political obstacles prevented [...]
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Category: Uncategorized Tags: Financial Regulations, Obama, Systemic Risk
