Can a Future Financial Crisis be Prevented?
Transparency, accountability, regulatory reform and free market solutions are imperative to prevention... but how are we doing?
Did Dodd-Frank set up a tyranny in our financial system? The failure of Lehman Brothers, Goldman Sachs, Fannie Mae and Freddie Mac caused an outcry for due process, rule of law, regulation and reform. And while the intention was to revitalize the American economy, the reverse has occurred. The 19,000 pages of regulations, $35 billion of economic impact and 72 million hours of paperwork may not have... [Read more]
Can a future financial crisis be prevented? It seems we keep repeating the same mistakes. Complex regulations, rewarding the too big to fail banks at the expense of community banks, lowering underwriting standards… if we continue the same policies a future financial crisis is inevitable. Click & Tweet! Special thanks to the National Center... [Read more]
This episode on the 2008 financial crisis is the third of a six part series on the 2008 financial crisis. Was the 2008 financial crisis a planned, organized, strategic, systemic embracing of loopholes that allowed for deliberate fraud? Click & Tweet! Left to Right: Rashad Abdel-Khalik, PhD, Richard M. Bowen, III, C.R. “Rusty” Cloutier,... [Read more]
So, what really caused the 2008 financial crisis: the failure of capitalism, socialism, too much regulation, too little regulation, Wall Street greed, fraud, corruption, cronyism, stupidity? Or all of the above?! Our experts agree that continuing to talk about the issues and causes are important to prevent a future financial crisis. Yet, without major changes in our systems, regulations and government... [Read more]
A Whistleblower is defined as a person, usually an employee in a government agency or private enterprise, who exposes to the public or to those in authority, or to management, information or situations of egregious mismanagement, corruption, illegality, or some other wrongdoing within the organization. Left to Right: Richard M. Bowen III, Michael G. Winston, PhD, William K. Black, PhD While the public... [Read more]
TED is taking over the world! TED, which stands for, Technology, Entertainment and Design has changed how we view the world. TED talks are watched globally – with an average of 17 new Left to Right: Dennis McCuistion, Jeremy Gregg, Heather Hankamer, Niki McCuistion and Jim Young page views per minute. In the fall of 2012 TED celebrated its one billionth video views. Today over 1,700 talks are... [Read more]
Our experts give various views on diversity and how the U.S.companies measure against their European counterparts. In the U.S. board recruitment is often based on board members reaching out to people they already know and are comfortable with; often individuals with views and experiences similar to their own. Recruitment may also not take into consideration other values not reflected on the current... [Read more]
The re-air of this program on free press focuses on this first amendment right and explores the question of whether or not free press is at risk. Free press is an American right based on the First Amendment. Elizabeth speaking with audience members after the taping. What is the Freedom of Information Act‘s (FOIA), role in keeping government honest? Is there a risk to our free press... [Read more]
On June 17 the Dallas Morning News had two excellent op-eds on financial reform. Congressman Jeb Hensarling wrote of his forthcoming Financial Choice Act to change provisions of the onerous, some say unconstitutional Dodd-Frank Act of 2010. Reverend Gerald Britt argued against reform. Due to space considerations, many facts had to be left out. Most Americans aren’t familiar with Dodd-Frank, but are... [Read more]Read More Posts From This Category »