Tagged: Banks

The Fed’s Future Role

Fed chairman Bernanke’s call for a broad reworking of how the government regulates the financial system was met with skepticism by finance Professor Mark T. Williams, a former Fed bank examiner, and law Professor Tamar Frankel, a securities law authority. Williams says Bernanke missed the point. “The Fed took its eye off the ball.  The […]

Bank bonuses: “Give it back, or get out”

School of Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and former counsel to the Fed Board of Governors, says executives at banks taking taxpayer bailout funds should give back bonuses that flowed from investments in toxic assets that are now crippling the industry. “It is generally understood that […]

Bailout pushing banking mergers

Professor Cornelius Hurley, director of the Graduate Program in Banking and Financial Law and its related Morin Center for Banking and Financial Law at the Boston University School of Law, offers commentary on how the bailout is now pushing banking mergers.   “Treasury is now concerned that its huge equity infusion will be used by […]