While our finances — federal, local, and personal — seem rather fragile these days, the financial system is doing ok. The Financial Stability Oversight Council has released it’s annual report, here http://www.treasury.gov/initiatives/fsoc/Documents/FSOCAR2011.pdf . The report contains a lot of discussion of improvements from the past, but also an assessment of the current risks to and vulnerabilities of our financial system. As it should be, the risks are mostly about risks to the macroeconomy not specific sectors (with some exceptions like small bank exposures to commercial real estate).
- RT @erikbryn: Here are the 15 biggest jobs in America. What percentage of the tasks in these jobs will be widely automated in the next 10 y… 1 week ago
- RT @yaelhochberg: It's rankings time! info for the 2017 accelerator rankings will be sent next week. DM me with your contact if you aren't… 1 week ago
- AIG amusing diversions bailout bank regulation Bernanke CDS derivatives Dodd-Frank Act Euro Debt Crisis FDIC Fed Finance & the Public Interest financial crisis Financial Crisis Inquiry Commission financial reform Goldman Sachs GSEs Lehman Brothers MBS mortgages pensions public finance recession regulation SEC securitization TARP too big to fail Treasury Uncategorized