by David Schwartz J.D. CPA | Oct 19, 2012 | All, Change Overview and Rationale
In an October 14, 2012 address in Tokyo, Fed Chairman Ben Bernanke outlined the Fed’s near term economic outlook, and discussed in an international context the basic rationale underlying the Federal Reserve’s recent policy decisions. According to Bernanke,...
by David Schwartz J.D. CPA | Jun 21, 2012 | All, Change Overview and Rationale
In a piece published June 14, Peter J. Wallison, Fellow at the American Enterprise Institute, argues against imposing any new regulation on shadow banking markets and firms without without convincing proof they need it. According to Wallison, the calls from regulators...
by David Schwartz J.D. CPA | Apr 24, 2012 | All, Change Overview and Rationale
In an April 13 address, Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve System, made clear that he sees the system of shadow banking as a key vulnerability that makes another catastrophic economic crisis nearly inevitable. In Bernanke’s...
