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).
- @united landed at O'Hare 40(!) min ago, still sitting and waiting for a gate when there are two empty ones to the left of the plane. C'mon! 1 week ago
- @RakeshAgrawal @_lennart @HBJMartin @kikovelez @richwinley @TexasVC @michaelsklar @evanave19 I will be in BOS! Sorry to miss 2 months 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