Tagged: bank bailout

Nations consider bank taxes

Germany is moving to adopt a new bank tax to cover the cost of possible future bailouts, and France is considering the same thing.  Former Deputy Comptroller of the Currency Robert Bench, now a senior fellow at the BU Law School’s Morin Center for Banking and Financial Law, says perhaps the best way to protect […]

Small banks slow at bailout payack

While most of the huge banks which got taxpayer bailouts last year have paid back their TARP loans, hundreds of community banks haven’t.  Robert Bench, a former deputy Comptroller of the Currency and now a senior fellow at BU Law’s Morin Center for Banking and Financial Law, says it’s no surprise.  Too many real estate […]

Examiner: Lehman croaked Lehman

The federal bankruptcy examiner’s report on the collapse of Lehman Brothers shows the 158-year-old firm died from multiple causes, including bad mortgage holdings and accounting gimmicks used to hide its mounting debt.  Law Professor Tamar Frankel, author of “Trust and Honesty: America’s Business Culture at a Crossroad,” says if Lehman scammed stockholders and investors, they […]

TARP $$ for small-biz lending

President Obama has proposed using $30 billion from the TARP bank bailout program to create a small-business lending fund to spur job growth.   Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law, said he has been suggesting such a fund but that bankers may be skeptical that it may come […]

“Stress Tests” Done, Now What?

With the government’s “stress tests” now completed on the nation’s largest  banks, School of Management risk expert Mark T. Williams, a former Federal Reserve bank examiner, looks at the lessons learned and what happens next.  “Stronger capital requirements, better regulatory risk oversight, and banks with a stronger handle on fundamental risk-management principles should help reduce the […]

Small investors may be allowed in on bank bailout

School of Management Professor Scott Stewart, an investment-management expert and former Fidelity funds manager, says the possibility of small investors being allowed to get in with the big hedge funds in investing in the banking bailout might be a disaster, but could work. “To provide access to the little guy, you’d want a mutual fund […]