Tagged: Federal Reserve

Be Wary of Bank “Stress Tests”

School of Management Senior Lecturer Mark T. Williams, a former Federal Reserve bank examiner, says the public should be wary of results from the “stress tests” being performed by the Fed on the nation’s 19 largest banks. “Stress testing is only an estimation tool.  Such tools were used by major banks as they overdosed on […]

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 […]