Financial Regulation

These Are The Top 5 Legislative Issues That Could Force The Next Government Shutdown

After overcoming obstacles created by Democrats and conservative Republicans – with each camp pushing for priorities that were ultimately excluded from the extension bill – the White House and its allies in Congress will still need to figure out how to balance these demands if they are to secure approval for the next funding bill before Dec. 22...

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In the aftermath of the 2008 financial crisis, countries all over the world suffered dire consequences. The irresponsibility of the globe’s biggest banking institutions, institutional investors, regulators, and consumers plunged economies in the United States, Europe, and Asia into a panic. The blame lies with those who exercised poor judgment in their creation and sale of shoddy derivative assets, but also with regulators for perpetuating a broken system of opacity

The Cardinal Sin Of International Finance

"...the prime directive of any organism - whether it’s an amoeba or a person or a corporation or a government - is to survive... That’s why the US government protects the petrodollar so zealously. It needs the system to survive..."

Global Stocks Drift Lower As US Futures Rebound From Overnight Scare, Oil At 2 Year Highs

Following an early shaky start, which saw the Hang Seng tumble as much as 1.6% driven by weakness in financials and real estate names following the latest warning by PBOC governor Zhou about "sudden, complex, hidden, contagious, hazardous" risks In markets and a decline in local real estate prices, and pressure global risk, US equity futures have recouped all losses and are back to unchanged on monday morning.