If the financial crisis was caused by subprime mortgages and predatory lending, the government's own policies made it happen.

The $2 billion loss at JPMorgan Chase (JPM) has reopened debate on the Volcker rule. The proponents of the rule have seized on the story as proof that the Volcker rule is necessary and should be quickly put into effect by regulation. In reality, however, if the facts are as thus far reported, what happened at JPMorgan is proof that the Volcker rule is unworkable and should be repealed. 

The administration has quietly shifted most federal high-risk mortgage credit initiatives to the government's original subprime lender.

It’s the beauty part of free-market capitalism: To successfully pursue happiness, you must help others do likewise.

The responses by the IMF and the U.S. government to the Mexican crisis of 1994 to 1995 and the recent Asian crises are examples of dangerous short-sightedness.

The Basel Committee on Banking Supervision (Basel Committee) is proposing to regulate bank liquidity. This marks a major innovation in the Basel approach to international banking regulation.

Chairman Bernanke can be faulted for not anticipating the severity of the global financial crisis, however he deserves some credit for helping stabilize the financial sector at a time of unprecedented instability.

It’s clear that microfinance has tremendous potential to help tackle unemployment and poverty in Indonesia. By instituting a wise and prudent regulatory structure that balances lender profits and borrower protections, Indonesia can continue to extend credit to the poor, while maintaining financial soundness.