SIFMA chief expects a systemic US regulator by early 2010

 The US needs a single financial stability regulator, said Tom Ryan, chief executive of the Securities Industry and Financial Markets Association (SIFMA).  In a recent presentation at a Reuters conference, Ryan said that regulatory agency will need better information. “Regulators are basically rear view people.” They have been operating with data that is three months [...]

How Lehman Went Down the Tubes

The Journal has been doing a great job of the inner conflicts – no, not shrink talk, political talk – at Lehman. I think it was The Times the other day that suggested perhaps it is time for Richard Fuld to go, but it’s The Journal which can walk a reader through the last couple [...]