Dodd-Frank

  • 18 Dec 2014 at 11:15 AM

Whistling Past Dodd-Frank’s Graveyard

Well, maybe not nobody, exactly.Wall Street undoubtedly doesn’t especially care how this particular piece of legislative sausage got made. You know, the one where a spending bill got rid of that irritating Dodd-Frank derivatives rule they’ve been trying to get rid of since the day it passed? As it turns out, no one else particularly cares, either. Read more »

  • 02 Dec 2014 at 6:09 PM

Unintended Consequences of Dodd-Frank, Volume 788,206

Didn't see this coming. Did you?The law to end all financial unpleasantnesses has produced another one, according to a bunch of people employed by said law. Read more »

Who's running this joke?The anti-ARS thinks it’s odd that something so simple as requiring clawback provisions regardless of fault apparently falls somewhere between 95th and 102nd on the list. I mean, it’s not like new compensation rules have ever generated any kind of complication or evasive action or anything, so just slap the damned thing together. Read more »

Whoa, Nellie.Now that Wall Street has once again succeeded at buying Congress convincing its fellow citizens that the Republicans have the solution to the problems bedeviling Obama’s America, it can get right back to writing the country’s financial regulations and shredding Dodd-Frank, right? Read more »

Among the many, many provisions of Dodd-Frank is an awfully useful one for the SEC, allowing the regulator to force any defendant to play on its home-field. This is vexing to those defendants. Unfortunately for them, the law is the law. Read more »

Happy Birthday, Dodd-Frank! You’re four years old and useless—nay, worse than useless—and Rep. Jeb Hensarling and his fellows thinks still think that the perfect gift is a dose of euthanasia with a side of not doing anything else, as they explain in a new 100-page Hallmark card. Read more »

Deutsche Bank, as you all know, owns a Las Vegas resort and casino called the Cosmopolitan. The bank never set out to be the proprietors of such an establishment, but after a developer who they loaned money to defaulted, they didn’t have much choice, did they? So now, here we are, 6 years and $4 billion later. Senior execs at the bank won’t be seen there. Guests aren’t particularly interested in gambling at the place. And, by the way, it’s never turned a profit. So it wasn’t entirely surprising to hear the Germans had decided to try and find someone to take the investment off their hands and that was before this happened: Read more »

  • 08 Jan 2014 at 5:37 PM

Quixotic Crusade Against Dodd-Frank Has Longer To Run

A Repubican congressman from Texas—last seen leading the doomed charge to repeal one chunk of the Dodd-Frank law—has moved on to trying to do away with another. Read more »