Financial Regulation

To punish the oligarchs funding Russia’s invasion of Ukraine, America and its allies are seizing their yachts, Park Avenue penthouses, and corporate assets hidden overseas. But Russian business magnates would...

Since the start of the subprime financial collapse in 2007, the Federal Reserve System has been engaged in an extended life support operation. Part of this effort has been focused...

Talk of reform has put French economic policy back into the headlines and brought much skepticism, too. Enthusiasm would be well warranted were Paris truly to lift its outsized business...

There has been a great deal of discussion concerning the fifth anniversary of the failure of Lehman Brothers. Just about anyone who knows anything about the event believes that allowing...

Political pundits and the financial markets are assuming seamless continuity in Berlin’s Eurozone policy after the German federal election on September 22. Conventional wisdom suggests Chancellor Angela Merkel’s Christian Democrats...

Europe of late has demonstrated that it is as big a mess as ever. The Cyprus urgency had just begun to dissipate when Portugal suffered a political crisis over the...

German chancellor Merkel has proclaimed that Europe needs to find “redemption” from its economic sins through austerity. In Greece another round of austerity measures could push the already fragile economy...

On July 1, the presidency of the Financial Action Task Force (FATF) passed to Russia. Thus, with no fanfare, the body set up over two decades ago by the United...

The state of the Franco-German alliance demonstrates just how gaps in economic-performance numbers can drive countries apart—in this instance, countries of the Eurozone. The more Germany outperforms its neighbors in...

Since the 2008 financial crisis, there has been a continuing conversation on large banks and the idea of institutions that are “too big to fail” (TBTF). Anat Admati and Martin...

“Only after the speculative collapse does the truth emerge.” —John Kenneth Galbraith Is President Obama trying to reflate the housing bubble? Zach Goldfarb of the Washington Post recently reported that...

Europe’s Cyprus settlement brings to mind the old joke of committees reinventing the wheel. After weeks of meetings and angst, the members of the eurozone have settled on something for...