Wednesday, May 7, 2014

Fordham Students Critique the FSB's G-SIFI Proposal

CSFME congratulates each of the teams on their excellent work.


Author: David Schwartz J.D. CPA

As part of CSFME's Regulatory Outreach for Student Education (ROSE) program, four teams made up of Fordham University graduate and undergraduate students researched, drafted and submitted comment letters to the Financial Stability Board's January 2014 consultative document entitled Assessment Methodologies for Identifying Non-Bank Non-Insurer Global Systemically Important Financial Institutions.  Each of the teams analyzed the consultative document and critiqued it from their own unique perspectives as graduate and undergraduate students in economics and business.  Though the exercise was carried out as part of their school curriculum, and with the support and encouragement of CSFME's Executive Director, Ed Blount, the comment letters are entirely the work of the student teams.  Given the extremely high quality of the work, Fordham agreed to have the students submit the letters on the university's letterhead. 

For the most part, the students were quite critical of the consultative document.  Each lays out in detail some thoughtful critiques and astute observations of various aspects of the proposal.  These teams should be proud of their work and can find their letters in good company on the FSB's website at: http://www.financialstabilityboard.org/publications/r_140423.htm

The individual letters may be read at:  

Fordham School of Business graduate students Matt Henriksson, David Drysdale, Brett Miller, Edmund Tu, and Prarthana Sampath

Fordham University College at Rose Hill students Marrelle Cerven, Nicholas Gliatta, Kevin Harvey, Eric Jensen, and Yaroslav Bazalyuk

Gabelli School of Business undergraduates Nicholas Alemann, Nicholas Belfanti, Brett Biestek, Samual Godsey, Joseph Lauberth, and Muhammad Sarwar

Economics undergraduates Yelena Aleynik, Maryanne Caramina, Arthur Esteves-Ferreira, and Ellen Fishbein


CSFME congratulates each of the teams on their excellent work.  

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