Tags: richmond fed

Averting Financial Crises: Advice From Classical Economists

May 25th, 2015
in econ_news

by Thomas M. Humphrey - Econ Focus, Federal Reserve Bank of Richmond The story of how central banks handled the global financial crisis in 2007-2008 is now familiar: They bent the traditional rules of lending to provide emergency funds to a wide array… more »

Legal Changes Have Opened The Door To New Kinds Of Political Spending. What Does The Money Buy?

May 24th, 2015
in econ_news

by Jessie Romero - Econ Focus, Federal Reserve Bank of Richmond "There are two things that are important in politics. The first is money and I can't remember what the second one is." So said Mark Hanna, a wealthy Ohio businessman, who became famous (or… more »

Are New Online Markets Creating Economic Value Or Threatening Consumer Safety?

May 23rd, 2015
in econ_news

by Tim Sablik - Econ Focus, Federal Reserve Bank of Richmond The first time she rented out her bedroom to strangers on the Internet, Shela Dean admits, it was "a little weird." After she retired from practicing law at the end of 2013, she and her husba… more »

Living Wills: A Tool For Curbing "Too Big To Fail"

May 18th, 2015
in econ_news

by Richmond Fed Although the financial crisis of 2007 - 08 is gradually receding into history, policymakers and the public are still concerned about avoiding a repetition of the crisis. At issue is not only the economic dislocation that arose from the… more »

Did The Financial Reforms Of The Early 1990s Fail? A Comparison Of Bank Failures And FDIC Losses In The 1986-92 And 2007-13 Periods

May 17th, 2015
in econ_news

from the Richmond Fed From the mid-1980s to the early 1990s, the United States experienced a severe commercial banking crisis. There were 998 bank failures between 1986 and 1992. Of non-de novo banks in existence at the end of 1985, those holding 5.4%… more »

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