May 6, 2009 | Banking, Financial Stability, Op-Ed
By R. GLENN HUBBARD, HAL SCOTT and LUIGI ZINGALES Originally published by Wall Street Journal on May 6, 2009 The results of bank stress tests — expected tomorrow — will no doubt prompt calls for further government guarantees and capital...
Mar 24, 2009 | Uncategorized
CAMBRIDGE, Mass., March 24, 2009 – The Committee on Capital Markets Regulation, an independent and nonpartisan research organization dedicated to improving the regulation and enhancing the competitiveness of U.S. capital markets, said today that its Q4 2008...
Mar 2, 2009 | Banking, Capital Markets, Financial Stability, Op-Ed
by HAL SCOTT and MAXWELL JENKINS Originally published by Financial Times on March 2, 2009 While no one can be sure its big new bet on Citigroup will be a winner, the US government priced it right by agreeing to a reported $3.25 a share conversion price with no new...
Feb 13, 2009 | Uncategorized
NEW YORK, February 13, 2009—The Committee on Capital Markets Regulation (“Committee”), an independent and nonpartisan research organization dedicated to improving the regulation of U.S. capital markets, has completed a survey regarding the explosive growth in the use...
Feb 7, 2009 | Banking, Capital Markets, Financial Stability, Op-Ed
By R. GLENN HUBBARD, HAL SCOTT and LUIGI ZINGALES Originally published by Wall Street Journal on February 7, 2009 When Henry Paulson, President Bush’s Treasury secretary, first introduced the Troubled Asset Relief Program (TARP) in Congress last...