The losses appear to have stemmed from positions taken in anticipation of a narrowing of credit spreads among debt instruments, based on highly complicated mathematical models.

The Shadow Financial Regulatory Committee is a group of publicly recognized, independent experts on the financial services industry (that is, banking, insurance, and securities). These experts from academia and the private sector meet regularly to study regulations and critique regulatory policies that affect this section of the economy. This...

An important issue in expanding the range of bank activities is the existence of subsidies for the banking system and their possible extension into new sectors of the economy.

The Shadow Financial Regulatory Committee is a group of publicly recognized, independent experts on the financial services industry (that is, banking, insurance, and securities). These experts from academia and the private sector meet regularly to study regulations and critique regulatory policies that affect this section of the economy. This...

The Shadow Financial Regulatory Committee is a group of publicly recognized independent experts on the financial services industry (that is, banking, insurance, and securities). These experts come from academia and the private sector. They meet on a regular basis to study regulations and critique regulatory policies that affect this...

The Shadow Financial Regulatory Committee, a group of independent experts on the financial services industry, will hold its third meeting this year. Subjects for discussion will include regulation of over-the-counter derivatives and other securities, government-sponsored enterprises, accounting for mergers, and FDIC deposit insurance reform options.

The Shadow Financial Regulatory Committee, a group of independent experts on the financial services industry, will hold its first press briefing of 2000 at AEI. Subjects for discussion will include government-sponsored enterprises, international accounting standards, financing the Office of the Comptroller of the Currency, fair-value accounting, federal charters for...

The Shadow Financial Regulatory Committee, a group of independent experts on the financial services industry, will hold its final meeting of 1999. The committee will give a briefing following the meeting. The topics of discussion tentatively include bank fraud audits, bank modernization legislation, and future financial services legislation and...