Martin J. Gruenberg, the FDIC Chairman, made a speech at the Volcker Alliance Program in Washington, D.C. earlier this month explaining how the even largest globally systemic banks will be dealt with in the event of a systemic banking failure.  In closing he states, “I believe through the authorities provided in the Dodd-Frank Act, both […]

“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure.  It is a sign that the US Government cannot pay its own bills.  It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies.  Increasing […]