Tagged: Geithner

Next step for TARP-assisted banks

School of Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and former counsel to the Fed Board of Governors, says CEOs of TARP-assisted banks must start clearing their toxic assets or get out. “Asked (Sunday) whether the government would force banks to sell their toxic assets and begin lending […]

Geithner vs. Krugman

School of Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law, says the onging debate between Treasury Secretary Timothy Geithner and columnist and Nobel winner Paul Krugman is revealing. “The Geithner vs. Krugman debate is interesting.  At least we can be confident that Krugman hopes Geithner suceeds, unlike others with […]

Geithner calls for major overhaul of financial rules

Boston University Law School professors react to Treasury Secretary Geithner’s wide-ranging plan to overhaul financial regulation. Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and former counsel to the Fed Board of Governors: “Secretary Geithner has kicked off the debate over regulatory reform starting with systemic risk.  Regrettably, the proposals […]