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Roubini Looks at Insolvency Regime for Non-Banks and Holding Companies

March 27, 2009 By Bill Rice Leave a Comment
WASHINGTON - MARCH 24: Secretary of the Treas...
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Major financial institutions, like Bear Stearns and AIG are demostrating their enormous potential impact on the US and even global economies. However, there is little or no coordinated supervision or insolvency path should they begin to fail.

US Treasury Secretary Timothy Geithner begin revealing his plan for a “new era of regulation.” Meanwhile, Roubini takes his shot at crafting a response and framework for what he thinks would be most effective:

Blueprint for a non-bank and holding company insolvency regime (RGE Monitor)

Do we need an insolvency regime for non-bank and holding companies? (RGE Monitor)

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Filed Under: FDIC, Treasury Tagged With: aig, American International Group, Bear Stearns, Financial institution, Financial Services, Timothy F. Geithner, United States Secretary of the Treasury

About Bill Rice
Bill Rice is a mortgage banking veteran operating in and writing about the mortgage market for over a decade. Bill is the founder of Kaleidico, which provides mortgage banking customers with lead generation and lead management solutions. Prior to Kaleidico, Bill was one of the founding executives of DeepGreen Bank, the first fully automated mortgage lending Internet banking platform and lead similar home equity innovations as the VP of National Home Equity at Quicken Loans. He can be contacted at bill.rice@kaleidico.com.

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