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Full-Text Articles in Law
Inequality, Individualized Risk & Insecurity, Michael J. Zimmer
Inequality, Individualized Risk & Insecurity, Michael J. Zimmer
Faculty Publications & Other Works
No abstract provided.
The Big Banks: Background, Deregulation, Financial Innovation, And ‘Too Big To Fail,’, Charles W. Murdock
The Big Banks: Background, Deregulation, Financial Innovation, And ‘Too Big To Fail,’, Charles W. Murdock
Faculty Publications & Other Works
The U.S. economy is still reeling from the financial crisis that exploded in the fall of 2008. This Article asserts that the big banks were major culprits in causing the crisis by funding the non-bank lenders that created the toxic mortgages, which the big banks securitized and sold to unwary investors. Ironically, banks that were then too big to fail are even larger today.
The Article briefly reviews the history of banking from the Founding Fathers to the deregulatory mindset that has been present since 1980. It then traces the impact of deregulation, which led to the savings and loan …
Credit Default Swaps: Dubious Instruments, Charles W. Murdock
Credit Default Swaps: Dubious Instruments, Charles W. Murdock
Faculty Publications & Other Works
No abstract provided.