November 12, 2009
A new tool to help us learn about the financial services industry...
By Cindy Ivanac-Lillig
I have been subscribing to a website for the last few months called, FinReg21. It is billed as a non-partisan, on-line media tool for those interested in financial services regulatory reform. The editor is David Evans, and the site offers a mixture of original stories and a compilation of on-line blogs and speeches, as well as a webcast portal called Channel 21 that carries interviews with industry leaders. For those of you involved in banking and/or teaching an advanced banking and finance class, this is a great resource, as it gives some fresh perspectives on the "industry" -- encompassing everything from broker-dealers to national banks to insurance companies. The interconnectedness of the industry comes through as you listen to the respective experts discuss not only what is being batted around legislatively but also what the last decade looked like in their respective sectors.
This morning I watched most of a webcast-interview with Leigh Ann Pusey, CEO of the American Insurance Association (interviewer: David Evans). She did a good job of explaining the state versus federal structure of insurance regulation and how that differs from other financial sectors. I also read an interesting article that criticized a recent speech by Comptroller Dugan. I thought it provided a unique look at regulators' incentives.
At any rate, I hope you find the site useful. Over the past few weeks, there have been contributions by Dan Kaufman of the Brookings Institution and Stanford University's John Taylor.
Let me know what you think and if you have found any new resources you would like to share....
Posted by Cindy at November 12, 2009 4:45 PM
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