Posts tagged Basel III

Too Big To Fail Intensifies

Since the bank bailout of 2008, or maybe it really began in August of 2007, average people have been complaining about Too Big to Fail.  My question is, “What did anyone expect?”. Since President Clinton advocated for the repeal of …






CFTC, Centralized Clearing Houses and the OTC Market

Dodd-Frank mandated that the OTC market start clearing its trades via a clearinghouse. It was a pretty stupid way to try and clean up the OTC mess. As my friend Craig Pirrong of the Streetwise Professor likes to say, “It’s …