print logo

Articles by Peter J. Wallison

Good News for U.S. Capital Markets Friday, August 8, 2014
The FSOC’s decision to back away from SIFI designations has major implications for the regulation of ‘shadow banking.’
The G-7 Weighs in on SIFI Designations Monday, June 16, 2014
The Treasury and Federal Reserve, afraid of congressional opposition, sought G-7 support for accelerated SIFI designations of capital markets firms.
Why the Volcker Rule Will Harm the U.S. Economy Friday, December 13, 2013
Americans were told the rule stops banks from taking risky bets with insured deposits, but it actually bars bank-related entities from valuable activities that ...
The FSOC Expands 'Too Big To Fail' Thursday, July 18, 2013
The FSOC’s decision to expand the too-big-to-fail designation to nonbank firms will be seen as the most damaging action taken under Dodd-Frank.
Five Myths about Glass-Steagall Thursday, August 16, 2012
There is a remarkable degree of ignorance about the alleged role of Glass-Steagall in the financial crisis. It’s time to set the record straight.
Dodd-Frank: The Economic Case for Repeal Wednesday, June 27, 2012
As the second anniversary of the act approaches, its role in slowing our economic recovery is coming into focus. GDP growth shrunk immediately after the law ...
Where No Mortgage News Is Fit to Print Tuesday, December 20, 2011
The New York Times op-ed page and the left-wing echo chamber.
A Guaranteed Disaster Tuesday, September 20, 2011
Why the government shouldn’t guarantee mortgages or mortgage-backed securities.
The Fed vs. the FDIC on Lehman’s Failure Wednesday, April 27, 2011
A recent FDIC report on Lehman Brothers’s financial condition before its failure puts in doubt the Federal Reserve’s account of its decision- making, and ...
End It, Don’t Mend It Tuesday, April 5, 2011
Evidence against the Dodd-Frank Act continues to pile up. Now 18 Republican Senators have introduced legislation to repeal the act.
The Foolish Foreclosure Moratorium Wednesday, October 13, 2010
Democrats are calling for a nationwide end to mortgage foreclosures. It’s hard to imagine a more shortsighted policy under our current economic circumstances.
When Economic Policy Became Social Policy Saturday, August 21, 2010
The recent Treasury Department conference is further proof we will never get out of this housing mess until we are ready to face facts.
The Troubling Resolution Revolution Thursday, February 25, 2010
While members of Congress might complain that Goldman Sachs was paid in full during the American International Group bailout, many of them support legislation ...
New Plan, Old Fears Tuesday, March 24, 2009
The Geithner plan is particularly vulnerable to the kind of criticism that might chase away private investors.
Bear Necessities? Thursday, July 17, 2008
The rush to regulate the securities industry ignores the lessons of history and might plant the seeds of disaster.
Playing Politics with Financial Security Wednesday, July 2, 2008
Fannie Mae and Freddie Mac are dangerously weak. So why are House Democrats delaying critical regulatory reforms?
Let’s Declare a Truce in the Culture War Monday, June 16, 2008
Neither faith nor science can answer the most important questions. So why are believers and atheists still bickering?
Capital Ideas Wednesday, March 19, 2008
Lawmakers should turn their attention to persuading banks and other financial intermediaries to raise more capital.
Escape from New York Wednesday, February 20, 2008
U.S. public securities markets are losing their competitive edge.
Contagious Liability Would Sicken Our Capital Markets Thursday, June 7, 2007
The Stoneridge case could make nearly anyone liable for securities fraud at public companies.
Should Corporations Be Democracies? Monday, May 14, 2007
Absolutely not, says Peter Wallison. But maybe union pension plans should be.
Is Wal-Mart Leaving the Money Business? Don’t Bank on It Monday, March 19, 2007
The company’s capitulation to federal regulators is less significant than you think.
A Costly Delay Keeps Firms in the Dark Friday, December 15, 2006
By putting off a decision on the court ruling in AFSCME v AIG, the SEC has left corporations in the dark and handed an advantage to shareholder activists.
Time for Change in the Capital Markets Friday, December 1, 2006
Bureaucratic hedging in a new blue-ribbon report can't hide the need for fundamental reform.