|
|
|
AEI's Financial Services Outlook SERIES
Government Policies and the Financial Crisis
What caused the financial crisis? Simple: the destructive housing policies of the federal government.
[Read more]
The financial crisis provides no warrant either for a systemic risk regulator or for the supervision of other participants in the financial markets that have not previously been regulated.
[Read more]
The Destruction of Fannie Mae and Freddie Mac
The government takeover of Fannie and Freddie was necessary because of their massive losses on more than $1 trillion of subprime and Alt-A investments.
[Read more]
There are three policy options for Fannie Mae and Freddie Mac: privatization, nationalization, or liquidation.
[Read more]
A Critique
Fair value accounting has been the principal cause of an unprecedented decline in asset values and an unprecedented rise in instability among financial institutions.
[Read more]
The financial markets are too big to be effectively regulated by government agencies, so regulators should think twice before intervening.
[Read more]
The mathematical models used to design and evaluate structured mortgage securities, using vast computer power and reams of data, did not save us from the consequences of all-too-human behavior.
[Read more]
The Flawed Case for Tighter Regulation of Securities Firms
Regulating securities firms the way we regulate banks, and giving them routine access to the Fed's discount window, makes no practical or policy sense.
[Read more]
Congressional Inaction Plants the Seeds of Crisis
Congress should act soon to protect U.S. taxpayers from the risk of GSE insolvency.
[Read more]
Banks have been heavily regulated, ostensibly for stability. Yet in thecurrent crisis, banks are suffering and unregulated hedge funds are doing fine.
[Read more]
|
|
Economic Outlook In the latest Economic Outlook, John H. Makin says the Fed should not try to stop the dollar's slide. Read more.
Russian Outlook In a new Russian Outlook, Leon Aron examines what Russia's company towns reveal about the country's economy. Read more.
Connect with AEI  Visit "The Enterprise Blog" on American.com for thoughtful and timely analysis on economic, foreign, and social policy.  Become a fan of AEI on Facebook and get updates on scholar activities and multimedia offerings.  View short clips of AEI conferences and notable speeches on AEI's YouTube channel.  Follow AEI on Twitter (@AEIonline) for updates on upcoming events and scholar commentary.
|
|
(50)
|
Sunday, November 22, 2009
