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April 12, 2007
"Financial Regulation and the Invisible Hand"
Federal Reserve Chairman Ben Bernanke delivered remarks to the NYU Law School yesterday in which he explored "the market-based approach to financial regulation by considering its application to two important--but very different--types of financial institutions: commercial banks and hedge funds. For both types of institutions, market-based regulation has proven an effective supplement to (or substitute for) conventional command-and-control approaches."
Link: http://www.federalreserve.gov/boarddocs/speeches/2007/20070411/default.htm
(ag) April 12, 2007, in Federal Banking Agencies
April 12, 2007 in Federal Banking Agencies | Permalink
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» Bank Regulation -Theory from Risk Management in Australia
For those of us that maintain a strong interest in the theory of bank regulation (sad, I know) a speech by Ben Bernanke provides a very interesting read. (Thanks to Bank Law Professor for another great link).
In this speech, he runs through what amount... [Read More]
Tracked on Apr 13, 2007 4:34:02 AM
