Do you remember anyone at Davos discussing how to avoid another Wall Street Crash of 2008, in past years? No. Or how can our "elite" bankers build a more stable financial infrastructure? No.
Timothy Geithner's bank stress test is worthy of the Noble Prize in Economics and is the most important financial innovation in two decades. Having spent decades abating and resolving financial crises around the world, he was able, willing and ready to abate and resolve our own Wall Street Crash of 2008.
The problem with our legal system is that there is too much legalese and not enough prosecution. Imagine, over the last seven years banks paid out in fines, $150 billion of shareholders cash. In my opinion, proving once and for all, that these banks did not suddenly become dishonest.
You can use stress as a test in every moment to see if you are mindful. The more you check in with your stress, the more often you can choose whether you have a reason to stay stressed. And (and this is so important) which form of mindfulness will create the experience you want right now.
We have become so habituated to work and family stress that we regard it as normal. But chronic stress is anything but normal. We need to put an end to stress before stress ends us... and we can!
1) Policing bad banks: "The enforcement response we sought came way more slowly than would have been ideal ... and (inevitably
Early Friday morning, in the quiet of his home office, Brian Curin will power up his laptop, click open a special folder and launch a file called "My Life." Then he will watch the images and hear the words that his wife and three daughters thankfully have never seen or heard.
"We will implement smart, aggressive policies to reduce the number of preventable foreclosures by helping to reduce mortgage
Treasury Secretary Geithner's famed 2011 reading of the Fourteenth Amendment, during a Politico Playbook interview with Mike
What are we talking about when we talk about Timothy F. Geithner's new book? President Obama. Read more on ProPublica
But the most illuminating way for an outsider to find the fault lines is often the post-mortem accounts that top officials
The numbers paradigm for educational success is misplaced. Setting an unforgiving line in the sand does not give the flexibility to the teacher who understands the whole story of the child.
As the No. 1 killer of Americans, heart disease is a major concern for many. In the above clip, cardiologist Dr. John Kennedy
Copyright 2011 Thomson Reuters. Click for Restrictions. To counter dwindling confidence in the region's banks, officials
Europe's bank "stress test," to be published at 1600 GMT, will make 90 lenders reveal for the first time their profit forecasts
The U.S. government is likely to inject $2.8 billion to $5.6 billion of capital into the Detroit company, on top of the $12.5
On Thursday Reuters had it that the government was leaning toward announcing the test results for individual banks instead
The results of tests to gauge how the top 19 U.S. banks would fare should the deep U.S. recession worsen will be publicly
WASHINGTON (Reuters) - U.S. officials will not look to close any banks based on the results of "stress tests" being conducted
Top federal bank regulators plan to meet early this week to discuss how to analyze the results of stress tests being conducted