January 11, 2011 at 9:27 am
Goldman Sachs has released a report which sets force changes in the way it will do business. Law professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law, sees the changes as a positive move. “Goldman’s plan to take the creation of structured financial products out of the hands of traders and […]
June 30, 2010 at 12:56 pm
By threatening to withhold his vote for the final compromise, Massachusetts GOP U.S. Senator Scott Brown (l.) got the Democratic negotiators on the financial regulatory reform bill to delete a $19 billion fee on large financial institutions to cover costs of implementing the new law. Law Professor Cornelius Hurley, director of the Morin Center for […]
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Posted in Professor Voices
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Tagged Barney Frank, Boston University School of Law, BU LAW, Christopher Dodd, Cornelius Hurley, Democrats, Fed Board or Governors, Federal Reserve, financial regulatory reform, GOP, Morin Center for Banking and Financial Law, Republicans, Scott Brown, Senator Scott Brown, US Senate
June 29, 2010 at 11:00 am
The death of U.S. Senator Robert Byrd (r.) is threatening to delay passage of the sweeping Wall Street regulatory reform legislation until mid-July after it had been on track for House and Senate votes this week. Law Professor Cornelius Hurley, a former counsel to the Federal Reserve Board of Governors and now director of the Morin […]
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Tagged Barney Frank, Boston University School of Law, BU LAW, Christopher Dodd, Congress, Cornelius Hurley, Federal Reserve, Federal Reserve Board of Governors, financial regulatory reform, House of Representatives, Morin Center for Banking and Financial Law, Robert Byrd, Senate, Senator Byrd, To Big To Fail, US Senate, Wall Street
Congress is down to its self-imposed deadline to come up with a financial regulatory reform bill, leaving some of the most controversial provisions — like how to deal with the trading of derivatives — to the final hours. Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and a former […]
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Posted in Professor Voices
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Tagged bank reform, Barney Frank, BU LAW, BU School of Law, Christopher Dodd, Congress, Cornelius Hurley, derivatives trading, Fed Board of Governors, financial regulatory reform, Morin Center for Banking and Financial Law, US Congress
June 21, 2010 at 12:37 pm
House and Senate conferees hope to wrap up this week the final version of financial regulatory reform legislation to send to President Obama, with chairmen Barney Frank and Chris Dodd delicately trying to compromises without losing votes for the overall package. What do about the trading of derivatives – the complex financial packages which helped sink […]
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Tagged Barney Frank, Blanche Lincoln, BU LAW, BU School of Law, Chrisopher Dodd, Cornelius Hurley, derivatives, Fed Board of Governors, financial regulatory reform, House of Represenatives, law school, Morin Center for Banking and Financial Law, President Obama, Senate
Congressional negotiators working out difference between the House and Senate financial reform bills are hammering out compromises right and left. One would permanently (and retroactively to January 2008) move from $100,000 to $250,000 the deposit insurance on individual bank accounts. Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and […]
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Tagged Boston University, BU Law School, Congress, Cornelius Hurley, FDIC, Fed Board of Governors, federal deposit insurance, Federal Deposit Insurance Corp., financial reform bills, House of Represenatives, law school, Morin Center for Banking and Financial Law, Senate
Enemies on all sides are coming down on Arkansas Democratic U.S. Senator Blanche Lincoln’s amendment to the regulatory reform bill that would rid banks of their lucrative derivatives business which played such a huge rule in the 2008 financial crash. Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and […]
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Tagged Arkansas, Arkansas Democratic Senator, Blanche Lincoln, Boston University, BU School of Law, Cornelius Hurley, Democrats, derivatives, Federal Reserve, financial regulatory reform, Morin Center for Banking and Financial Law, Sen. Blanche Lincoln
Treasury Secretary Timothy Geithner is visiting with his European counterparts to say that the U.S. and Europe broadly agree on the need to reform the financial system but that global cooperation is needed. Law Professor Cornelius Hurley, director of the Morin Center for Banking and Financial Law and a former counsel to the Federal Reserve […]
