User Clip: Thomas M. Hoenig 00:56:54-00:57:15
Advantages of perceived government subsidies to SIFI's (Systematically Important Financial Institutions) permit them to act outside of market disciplines.
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Advantages of perceived government subsidies to SIFI's (Systematically Important Financial Institutions) permit them to act outside of market disciplines.
Refer also to the attached paper "Restructuring the Banking System to Improve Safety and Soundness," coauthor Chuck Morris, (May 2011). The 8 biggest bank holding companies have $16 trillion…
Complexity gives the advantage to bigger banks. Simplicity levels the playing field since smaller institutions cannot afford the cost of satisfying the regulations.
Financial stabilization regulation of Large Complex Financial Institutions (LCFI's) i.e., "too big to fail," requires the top level holding company have sufficient non-risk weighted long-ter…
Refer to submitted statement prepared with Harvey Rosenblum and Dallas Fed Bank staff. Systematically Important Financial Institutions (SIFI's) have a "perceived" unfair market advantage. T…
Hearing about provisions of Dodd-Frank regarding too big to fail bank bailouts. Mr. Westmoreland questions witnesses.
Regional bankers are deluged by regulations and forced to hire lawyers rather than hiring bankers to do the banking business and stay competative.
If the mega-institutions (SIFI's or "systemically important financial institutions") were reduced to manageable sizes and the "perceived subsidy" were coincidentally scaled back, the financi…
Hearing on Federal Reserve and Large Financial Institutions. Involving provisions in Dodd-Frank regarding too big to fail bank bailouts. Mr. Hurt questions witnesses.