Volker Rule Offers More, Not Necessarily Better, Regulation of Banks

By Jennifer Moreale

01/26/2010

“If these folks want a fight, it’s a fight I’m ready to have,” said President Obama as he emphasized his campaign against Wall Street. Following up on the after-TARP tax, Obama is introducing the Volker Rule to impose tougher regulations on the financial sector. The Volcker rule will cap the size and scope of banks,...

TAGS: Bailouts, Banks, Barack Obama, Financial Reform, Jason Zweig, Nicole Gelinas, Troubled Asset Relief Program, Volcker Rule, Wall Street

The After-TARP Tax

By Jennifer Moreale

01/18/2010

“We want our money back,” said President Obama on Jan. 14. While most Americans would agree with that statement, they might not agree with the President’s approach to getting that money back. In fact, the Financial Crisis Responsibility Tax may ultimately have a negative impact on the taxpayers that put up the money in the...

TAGS: Bailouts, Banks, Barack Obama, Chrysler, General Motors, Troubled Asset Relief Program

Banks’ TARP Repayments Hide Underlying Flaws

By Robert Flanagan

12/30/2009

On December 15, 2009, Citigroup and Wells Fargo won approval to begin repaying $45 billion in aid that they received from the Federal Government. Many view this as a sign that the financial sector in the United States is rebounding, and that the $700 billion Troubled Asset Relief Program (TARP) has been a success. TARP...

TAGS: Congressional Oversight Panel, TARP, Troubled Asset Relief Program

Antitrust & Enforcement: Letting Markets Work without Empowering Government

In their report “Antitrust & Enforcement: Letting Markets Work without Empowering Government,” Ted Bolema, Ph.D., J.D., Antitrust and Competition Fellow at the Innovators Network Foundation, and Vance Ginn, Ph.D., Chief Economist at the Pelican Institute, write that while the current frustrations with the size of large tech companies and censorship practices may be warranted, giving...

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