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Former Fed official who oversaw reforms sees "deep irony" after bank collapse

"We've just seen an uptick in moral hazard," Daniel Tarullo says of the U.S. government covering uninsured deposits.
"One of those pillars of Dodd-Frank — which is to let banks fail and people will have the right incentives — we just can't rely on that," said former Fed Governor Daniel Tarullo, seen above in 2014.
Win McNamee/Getty Images

How the Bear Stearns deal looks 10 years later

Mar 12, 2018
At first, it seemed like a bargain for JPMorgan. Then the fines rolled in.
Protestors walk out of the lobby of the Bear Stearns headquarters March 26, 2008 in New York. Hundreds of housing activists overwhelmed security and stormed the lobby of the Bear Stearns skyscraper in Manhattan, staging a noisy rally and protesting the government-backed sale and bailout of the investment bank.
Chris Hondros/Getty Images

A slimmed-down GE Capital highlights pros and cons of "too big to fail"

Jun 29, 2016
In the last year, GE Capital has sold off $180 billion dollars of its business
The entrance of General Electric (GE) Celma, GE's aviation engine overhaul facility in Petropolis, Rio de Janeiro, Brazil on June 8, 2016. 
YASUYOSHI CHIBA/AFP/Getty Images

New rules would curb big bank bonuses

Apr 21, 2016
Federal agencies are working on rules to reduce risk-taking on Wall Street.
The new rules would regulate incentive-based pay.
Spencer Platt/Getty Images

Banks' living wills remain a work in progress

Apr 13, 2016
Feds and financial institutions still negotiating the rules on regulation
Bank of America is one of the five major banks failed to fulfill the regulatory requirement.
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What does MetLife’s win in court mean for other big businesses?

Mar 31, 2016
The company can now shed its “systemically important” label, which could force a shake up in the government's “Too Big To Fail” process.
Rich Schultz /Getty Image

Five years on, Dodd-Frank still controversial

Jul 21, 2015
Regulators are still writing rules for the financial reform law.

For public good, not for profit.

Banks struggle to create "living wills"

Mar 24, 2015
Three big banks have had their failure plans rejected by regulators.

The long arms of a U.S. law reach Congo

Dec 11, 2014
Most of the miners in Congo are self-employed, equipped with a spade and a dream.