Stamping Nonbanks ‘SIFI’ Is Harmful and Needless
February 22, 2013American Banker By Hal S. Scott The Financial Stability Oversight Council is about to decide which nonbanks with assets of $50 billion or more to designate as systemically important. It should use this authority extremely sparingly because it is based on the flawed premise of connectedness. The Lehman Brothers failure
Goldman Sachs did not violate the Volcker Rule (and $1 billion is a drop in the bucket anyway)
January 11, 2013Quartz