Greenberg Will Appeal AIG Bailout Case Win Over Lack of Damages June 16, 2015 By Andrew G. Simpson Maurice “Hank’ Greenberg, who yesterday won what most considered a long-shot case with a ruling that the U.S. government acted...
Solvency II Staggers Towards Finish Line: a Retrospective Analysis April 7, 2015 By Charles E. Boyle It’s been a long process, but, according to Paul Fisher, deputy head of the Bank of England’s Prudential Regulation Authority...
Global Regulators Call for Closer Regulation of Financial Firms September 3, 2014 By Huw Jones Financial industry regulators need better coordination in the event of a big multinational financial institution failing or breaching compliance rules,...
Viewpoint: Systemically Risky Insurers Merit More Oversight But Not Bank Rules July 29, 2014 By The Editors, Bloomberg Opinion Could Warren Buffett’s Berkshire Hathaway Inc. threaten the stability of the financial system? The U.S.’s top regulators are asking themselves...
How Local Bank Failures Crippled Georgia Economy March 19, 2014 By Steve Mathews Georgia homebuilder Blankenship Homes lost its source of loans for new construction after four local community banks failed since 2009....
Federal Reserve Releases Transcripts of 2008 Financial Crisis Meetings February 21, 2014 The board of governors of the Federal Reserve System has released transcripts, presentations and other historical materials from the Federal...
More Justice Department Cases Over Financial Crisis On the Way: AG Holder August 21, 2013 U.S. Attorney General Eric Holder is preparing to announce new cases related to the economic meltdown in the coming months...
U.S., States Weigh Suing Moody’s Over Mortgage Ratings February 8, 2013 By Aruna Viswanatha and Luciana Lopez The U.S. Justice Department and multiple states are discussing also suing Moody’s Corp. for defrauding investors, according to people familiar...
U.S. Hits S&P with $5 Billion Fraud Lawsuit Over Mortgage Securities Ratings February 5, 2013 By Aruna Viswanatha The U.S. government is seeking $5 billion in its civil lawsuit against Standard & Poor’s, accusing the ratings service of...
S&P Expects Government Lawsuit Over Its Pre-Crisis Credit Ratings February 4, 2013 By Aruna Viswanatha and Jonathan Stempel Standard & Poor’s said it expects to be the target of a U.S. Department of Justice civil lawsuit over its...