Eyck Freymann: How to Break China’s Minerals Chokehold
Why the allies need a multilateral commercial stockpile This essay is based on a Hoover History Lab working paper, co-authored with Joshua Stinson, William Norris,…
Thought Leader: Eyck Freymann
Sheila Bair: Will regulators cause the next crisis? A response to Jamie Dimon
By Sheila Bair (original source Yahoo Finance)
“As we observe the fifth anniversary of the Dodd-Frank financial reform law, some of Wall Street’s most influential voices are warning of the possibility for another financial crisis, and they want you to know in advance that it isn’t going to be their fault. Rather, according to this new narrative, the problem is those pesky government regulators and their misguided efforts to de-lever and de-risk the financial system.
The opening volley in this latest line of attack against financial reform was laid out in Jamie Dimon’s annual letter to JPMorgan Chase (JPM) shareholders. Not coincidentally, Dimon and others are taking aim at the reforms they seem to dislike the most: tougher capital rules which require banks to fund themselves with more common equity and less debt; and liquidity rules, which require banks to keep minimum levels of low-risk, easily-sellable assets on hand.”
Click here to read more
Relevant and recent posts
Chris Miller: Robotics Manufacturing: The Rise of Japan
“To the Americans, a robot is a computer attached to a mechanism. To Japanese, a robot is a mechanism attached to a computer.” The future…
Thought Leader: Chris Miller
Dr. Sanjay Gupta: A New Understanding of Parkinson’s Disease
Parkinson’s disease, a progressive movement disorder whose hallmark is damage to the dopamine-producing neurons in the brain, afflicts almost 12 million people worldwide. And the…
Thought Leader: Sanjay Gupta
