What’Swap: Accounting for Financial Innovation
…I know) and leads to a practical proposal for regulatory reform. After the jump, I will argue that the main motivation for the invention of new financial instruments was to…
…I know) and leads to a practical proposal for regulatory reform. After the jump, I will argue that the main motivation for the invention of new financial instruments was to…
…a mandate (it is their officially stated condition for supporting reform). By proposing a plan which would be terrrible, because it would bankrupt the insurance companies, Obama has them begging…
…as receipts react to covered employment and real wages. (We have a parallel here with the late seventies, a reform was put in in I believe 1977, it didn’t fare…
…and (minds think a like) concludes that, if there is to be reform, there should be reform of capital requirements not accounting standards. She is a bit casual about relaxing…
…Samwick Non-Partisan Social Security Reform Plan was published in final form a whole year after NELB. Yet all we see is a vague appeal to an ‘Expected Yield on Mixed…
…tax reform in the classic 1986 mode: lower tax rates and broaden the tax base by limiting special exemptions. Both halves of this classic equation have the potential for helping…
…according to Winslow Wheeler, director of the Straus Military Reform Project at the Center for Defense Information. “Virtually the entire expanse of the DOD budget gets no oversight – certainly…
…announcement that he would expend his new political capital on Social Security ‘reform’. At that point in time I had been looking at these numbers for about seven years and…
…in the form of a demand by Moody’s that the U.S. government “reform” Social Security and Medicare: “In the very long term, the rating could come under pressure if reform…
…claimed would never happen if we passed Clinton’s 1993 tax increase. Frum continues: the congressional Republicans shifted course after 1998. Medicare reform was abandoned; spending accelerated. And this change of…