{"id":5652,"date":"2010-05-21T15:40:49","date_gmt":"2010-05-21T20:40:49","guid":{"rendered":"http:\/\/blogs-devl.bu.edu\/bunow\/?p=5652"},"modified":"2011-01-20T14:28:50","modified_gmt":"2011-01-20T19:28:50","slug":"congress-close-to-financial-reg-reform","status":"publish","type":"post","link":"https:\/\/blogs-devl.bu.edu\/bunow\/2010\/05\/21\/congress-close-to-financial-reg-reform\/","title":{"rendered":"Congress close to financial reg reform"},"content":{"rendered":"<p><img loading=\"lazy\" class=\"alignright size-thumbnail wp-image-5653\" src=\"http:\/\/blogs-devl.bu.edu\/bunow\/files\/2010\/05\/bankroll-150x150.jpg\" alt=\"bankroll\" width=\"90\" height=\"90\" \/>The most extensive overhaul of financial regulations since the 1930s has <a title=\"cleared\" href=\"http:\/\/www.nytimes.com\/2010\/05\/21\/business\/21regulate.html?hp\" target=\"_blank\">cleared<\/a> its big\u00a0hurdle in the U.S. Senate and how can head to President Obama for a signature after a conference committee works out remaining differences between the House and Senate versions.\u00a0 But former<a href=\"http:\/\/www.federalreserve.gov\/\"> Federal Reserve Bank<\/a> examiner <a title=\"Mark Williams\" href=\"http:\/\/smgnet.bu.edu\/mgmt_new\/profiles\/WilliamsMark.html\" target=\"_blank\">Mark\u00a0Williams<\/a>,\u00a0who teaches finance in the <a href=\"http:\/\/management.bu.edu\/index.shtml\">School of Management<\/a> and is\u00a0author of &#8220;<em><a title=\"Uncontrolled Risk\" href=\"http:\/\/www.uncontrolledrisk.com\/\" target=\"_blank\">Uncontrolled Risk<\/a><\/em>&#8221; about the fall of<a href=\"http:\/\/www.lehmanbrothers.com\/\"> Lehman Brothers<\/a>, cautions that only four of the world&#8217;s 30 global financial giants that could take down the world&#8217;s economy are covered under this reform bill &#8212; yet the problems are globally systemic.<\/p>\n<p><em>\u201cThe U.S. is now in the position to lead again but will need to encourage other nations to follow.\u00a0 Until global uniformity is reached, high systemic risk will remain.&#8221;<\/em><\/p>\n<p>Contact Mark Williams, 617-358-2789, <a href=\"mailto:williams@bu.edu\">williams@bu.edu<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The most extensive overhaul of financial regulations since the 1930s has cleared its big\u00a0hurdle in the U.S. Senate and how can head to President Obama for a signature after a conference committee works out remaining differences between the House and Senate versions.\u00a0 But former Federal Reserve Bank examiner Mark\u00a0Williams,\u00a0who teaches finance in the School of [&hellip;]<\/p>\n","protected":false},"author":114,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4491],"tags":[943,2385,1286,91,2835,1759,1530,2887,2834,2895],"_links":{"self":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/5652"}],"collection":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/users\/114"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/comments?post=5652"}],"version-history":[{"count":6,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/5652\/revisions"}],"predecessor-version":[{"id":7742,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/posts\/5652\/revisions\/7742"}],"wp:attachment":[{"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/media?parent=5652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/categories?post=5652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs-devl.bu.edu\/bunow\/wp-json\/wp\/v2\/tags?post=5652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}