State of the Financial Sector
Former FDIC Chair Sheila Bair and House Financial Services Committee Chair Jeb Hensarling (R-TX) talked about the state …
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July 3, 2013 2013-06-28T13:39:49-04:00https://images.c-span.org/Files/008/20130628134259002_hd.jpgRefer to submitted statement prepared with Harvey Rosenblum and Dallas Fed Bank staff. Systematically Important Financial Institutions (SIFI's) have a "perceived" unfair market advantage. There are 5,500 banking organizations, mostly holding comapanies. 12 of these, or 0.2%, are potentially capable of damaging the economy. The policies of Dodd-Frank unwittingly perpetuate the "too big to fail" mentality and rob Peter (the taxpayer) to pay Paul (the SIFI).
July 3, 2013 2013-06-28T13:39:49-04:00https://images.c-span.org/Files/008/20130628134259002_hd.jpgRefer to submitted statement prepared with Harvey Rosenblum and Dallas Fed Bank staff. Systematically Important Financial Institutions (SIFI's) have a "perceived" unfair market advantage. There are 5,500 banking organizations, mostly holding comapanies. 12 of these, or 0.2%, are potentially capable of damaging the economy. The policies of Dodd-Frank unwittingly perpetuate the "too big to fail" mentality and rob Peter (the taxpayer) to pay Paul (the SIFI).
Refer to submitted statement prepared with Harvey Rosenblum and Dallas Fed Bank staff. Systematically Important Financial Institutions (SIF… read more
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. There are 5,500 banking organizations, mostly holding comapanies. 12 of these, or 0.2%, are potentially capable of damaging the economy. The policies of Dodd-Frank unwittingly perpetuate the "too big to fail" mentality and rob Peter (the taxpayer) to pay Paul (the SIFI). close
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