The Re-Regulation of the Financial Services Sector

Highlights Apparently forgetting that they failed to exercise proper oversight of financial institutions for much of this decade, members of Congress and regulators have been clamoring for new regulatory regimes and bureaucracies. New regulation isn’t nearly as critical as stringent enforcement of existing capital adequacy rules. Reliance on evaluations by credit rating agencies led institutions […]

10 Things to Understand About the Housing Bubble and the Debt Crisis

Highlights In time, history will provide a fulsome overview of the twin housing and debt crises, perhaps the most challenging debacle since the Great Depression. At this early stage, however, Westwood tallies a “top 10” list of underlying causes and considers what can be done to reverse the situation. Ranging from an unprecedeted level of […]

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