Tuesday, October 7, 2014


Bloomberg | Global Banks Face 25% Loss-Absorbency Rule in FSB Plan
The largest global banks will have to hold more capital and liabilities than previously reported that can automatically be written off in a crisis -- as much as a quarter of risk-weighted assets -- as regulators take on lenders deemed too big to fail.

Econ Comments & Analysis                                                                                            
Real Clear Markets | Goldman Sachs Employees Can, New York Fed Regulators Can't
In his recently released book, The CEO Tightrope, Joel Trammell made plain what is all too often missed about the individuals who work on Wall Street: they're wildly talented.
AEI | On balance, a little inflation is better than a lot of unemployment
We learned last Friday that in September the unemployment rate fell below 6 percent. This is, of course, good news.