Transforming office-centric big-city downtowns into vibrant residential neighborhoods is no easy task.
banking
Posted inEconomic Policy
Bank Pullback Drives More Real Estate Financing to Shadow Lenders
Regional banks have been thought to be at risk from rising vacancies and lower valuations of commercial real estate, but asset managers and other non-banks are more exposed.
Posted inAmerica and the World
Rising Debt and Sickly Growth
The World Bank and IMF are asking developing countries to do more with less.
Posted inEconomic Policy
Rise of the Climate Rating Agencies
Government and the private sector rely increasingly on risk-modeling firms that claim they can zero in on exposure to climate change.
Posted inEconomic Policy
Federal Reserve Independence Is the Problem
A weird, secretive, and unaccountable institution organizes our society, and nobody wants to talk about it.
Posted inEconomic Policy
The Federal Reserve Cannot Investigate Itself
There are lots of problems with the review the Fed has announced of supervision and regulation in the wake of the Silicon Valley Bank collapse.
Posted inEconomic Policy
Why We Need a Public Interest Council
An independent body that could investigate systemic risk in the banking system would break the insular cycle of banking regulators and the firms they regulate.
Posted inEconomic Policy
The Problem Lender of Second-to-Last Resort
The Federal Home Loan Bank system has moved beyond its original intent and mostly allows distressed banks to delay a reckoning. It could use reform.
Posted inEconomic Policy
Stopping Bank Runs and Protecting the Economy
The key is higher equity requirements so banks remain solvent.
Posted inEconomic Policy
Silicon Valley Bank Purchaser Evades Tougher Regulatory Scrutiny
First Citizens only purchased a portion of SVB’s assets, leaving it under the $250 billion threshold for enhanced supervision.