TITLE

Regulators' Use of Systemic Risk Exception Raises Moral Hazard Concerns and Opportunities Exist to Clarify the Provision

AUTHOR(S)
Brown, Orice Williams
PUB. DATE
April 2010
SOURCE
GAO Reports;4/15/2010, preceding p1
SOURCE TYPE
Government Documents
DOC. TYPE
Article
ABSTRACT
The article presents the report of the U.S. Government Accountability Office (GAO) on the systemic risk determination made by the Treasury Secretary under the Federal Deposit Insurance (FDI) Act. It examines the steps made by the Federal Deposit Insurance Corp. (FDIC), the Federal Reserve and the Treasury to raise the exception of the Act. It analyses the basis of the determination and its effects on the incentives and conduct of insured depository institutions and uninsured depositors.
ACCESSION #
49743349

 

Related Articles

  • Systemic risk before FDICIA.  // Economic Review (07321813);2010 1st Quarter, Vol. 95 Issue 1, p4 

    The article discusses the risks of systemic problems prior to the Federal Deposit Insurance Corp. Improvement Act of 1991 (FDICIA) in the absence of a too big to fail policy. Concerns raised in the event of a large bank failure are credit losses incurred from interbank liabilities causing...

  • News Update: Stress Tests and CPP Funds.  // Bank Accounting & Finance (08943958);Jun/Jul2009, Vol. 22 Issue 4, p52 

    This section offers finance and bank industry news briefs. The results of the mandatory stress test for U.S. financial institutions with assets in excess of $100 billion were released jointly on May 7, 2009 by the Federal Reserve, the Federal Deposit Insurance Corporation and the Office of the...

  • Notices: DEPARTMENT OF THE TREASURY.  // Federal Register (National Archives & Records Service, Office of;11/20/2013, Vol. 78 Issue 224, p69671 

    The article presents information on the notices issued by the Office of the Comptroller of the Currency under the U.S. Department of Treasury, Board of Governors of the Federal Reserve System, and Federal Deposit Insurance Corp. in the U.S. The notices relate to the Interagency Questions and...

  • Proposed Guidance on Leveraged Lending. Walsh, John; Johnson, Jennifer J.; Best, Valerie J. // Federal Register (National Archives & Records Service, Office of;3/30/2012, Vol. 77 Issue 62, p19417 

    The article presents information on a proposed guidance (PG) issued by the U.S. Office of the Comptroller of the Currency of the U.S. Department of the Treasury, the U.S. Board of Governors of the Federal Reserve System, and Federal Deposit Insurance Corp. regarding leveraged lending. The PG has...

  • Rules and Regulations: DEPARTMENT OF TREASURY.  // Federal Register (National Archives & Records Service, Office of;7/30/2014, Vol. 79 Issue 146, p44120 

    The article presents a notice from the U.S. Department of Treasury, Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corp. about the regulatory capital rules. The agencies are said to adopt a final rule that...

  • Untitled. Evans, Jr., Lawrance L. // GAO Reports;1/27/2016, preceding p1 

    The article focuses on the section 302 of the Riegle Community Development and Regulatory Improvement Act of 1994 (Riegle Act) compliance of federal agencies. Topics discussed include the rules on insured depository institutions, federal agencies such as the Board of Governors of the Federal...

  • AIG Looks Healthier, Says GAO. Postal, Arthur D. // National Underwriter / Life & Health Financial Services;5/3/2010, Vol. 114 Issue 9, p25 

    The article reports on the financial status of the American International Group (AIG) Inc. in which so far, it appears to be stable due to huge infusion of governmental financing aid. The U.S. Governmental Accountability Office (GAO) comments that the cash infusion has eased an ordered...

  • Notices: DEPARTMENT OF THE TREASURY.  // Federal Register (National Archives & Records Service, Office of;5/23/2013, Vol. 78 Issue 100, p30922 

    The article presents a notice of information collection issued by the U.S. Office of the Comptroller of the Currency (OCC), Department of the Treasury, the Board of Governors of the Federal Reserve System, and Federal Deposit Insurance Corp. (FDIC). This information collection will be submitted...

  • To Bail or Not to Bail? McKinley, Vern; Gegenheimer, Gary // USA Today Magazine;Jul2009, Vol. 138 Issue 2770, p25 

    The article discusses the financial-institution bailout policy of the administration of U.S. President Barack Obama as of 2009. The Federal Deposit Insurance Corp., Federal Reserve and Treasury Department implement the bailout policy. The authors emphasize the lack of transparency of the policy....

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics