Economics

Dodd/Frank on Dodd-Frank: Former Reformers on Their Namesake Law

by Gregg Fields

The clock was ticking, the world was watching, and Washington was elevating in-fighting from standard practice to something of an art form. And yet, in the summer of 2010 the mammoth Dodd-Frank Wall Street Reform and Consumer Protection Act was passed, a reaction to the crippling financial crisis of 2008 and the ensuing Great Recession. President Obama quickly signed it into law. Could such an ambitious law get passed today? Emphatically no, according to the men for whom Dodd-Frank is named.... Read more about Dodd/Frank on Dodd-Frank: Former Reformers on Their Namesake Law

Internal Compliance: Is it Really about Compliance?

by Reuben Guttman

With the growth of multinationals whose business transcends geographic boundaries and whose revenue streams exceed the gross national product of some nations, legislators and regulators—at least in the United States—have looked to leverage the resources of whistleblowers to bolster compliance enforcement. Under the right circumstances whistleblowers can be an invaluable resource.

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Mr. Connaughton Goes to Washington: An Inside View of D.C.'s Institutional Corruption

by Gregg Fields

Whether it’s the gilded executive suites of Wall Street or Washington’s lobbyist-lined K Street, it’s all about the numbers—and that’s the problem, according to Jeff Connaughton, an eyewitness, from several vantage points, of the interplay between capital and the Capitol.

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Defining a Defining Challenge

by Gregg Fields

As the 2014 mid-term elections draw closer, income inequality has emerged as perhaps the leading issue driving campaign debates. Perceptions about the severity of income disparity and blunted social mobility in America by millions of middle-class citizens—and voters—will make the subject a prickly political reality for those seeking to be sent, or returned, to Congress on November 4th.

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Bernanke Takes a Bow, Yellen Takes Center Stage: Will Fed Transparency Get a Second Act?

by Gregg Fields

Without question, steering America through the Great Recession was a massive responsibility for outgoing Federal Reserve Chairman Ben Bernanke. But in a de facto farewell address last week, Bernanke suggested that, in addition to plunging markets and teetering banks, he faced an equally complex policy challenge: restoring the public's trust in one of Washington's most important regulatory institutions.

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