Category: Financial Crisis
BY: Jack Sanner, RBFL Editor Americans are moving to Florida in droves. According to Redfin, Florida is home to five of the top ten U.S. metro areas with the highest rate of growth. Many of these new residents have flocked to sunny coastal cities like Miami and Fort Lauderdale, leading to skyrocketing real estate prices […]
BY: Will Jagiello, RBFL Student Editor Even with the greatest of efforts, progress towards solving a complex problem may be inexorably damaged by events completely out of the most skilled actor’s control. The budding NewSpace[1] sector that took the market by storm in 2020 (and continued astronomically through 2021) learned this lesson when Silicon Valley […]
BY: Margaux Arntson, RBFL Student Editor The COVID-19 pandemic (“pandemic”, “COVID-19”) and countries’ responsive containment measures brought shockwaves to the world, especially to worldwide supply and demand. The pandemic disrupted global production networks, leaving many countries’ economies in turmoil. This environment presented opportunistic buyers with the chance to acquire or invest in foreign sectors and […]
By: Colby Trace, RBFL Student Editor Everybody wants to blame the financial industry in times of financial crisis, and the flames only get fanned when banks need to be bailed out from what is viewed as their own risky behavior with taxpayer dollars, as was the case in the financial crisis of 2008. The Volcker […]
By: Helen Park, RBFL Student Editor In the wake of the COVID-19 pandemic crisis, the U.S. government established the Paycheck Protection Program (PPP), a $669-million business loan program, to help small businesses pay for urgent expenses, namely payroll, rent, interest, and utilities. These “loans” would be forgiven so long as they are used towards qualifying […]
By John Suggs, RBFL Student Editor Jerome Powell, Chair of the Federal Reserve’s Board of Governors, has previously said that “the Fed has lending powers, not spending powers.” Yet, this contrast between monetary and fiscal policy has become much less stark in the face of the Fed’s emergency lending programs under section 13(3) of the […]
By Michael Murphy, RBFL Student Editor The Coronavirus pandemic has thrust the world into the worst financial crisis since the Great Depression. To stymie the devastating effects of business shutdowns, mass layoffs, and supply chain disruptions that shocked the United States economy instantaneously in March 2020, the Federal Reserve activated its lending powers under Section […]
INTRODUCTION Introduction and Table of Contents ISSUE I – FALL 2016 Development Articles Table of Contents Kuhu Parasrampuria, SEC’s New Money Market Rules, 36 REV. BANKING & FIN. L. 2 (2016). Daniel Mello, Anti-Inversion Rules, the Pfizer-Allergan Merger, and the U.S. Chamber of Commerce’s Challenge, 36 REV. BANKING & FIN. L. 16 (2016). Alyssa Marchetti, Stricter Anti-Money […]
The financial crisis is far from over. Evidence of monetary policy response and regulatory reform abounds, including QE3, ongoing Dodd-Frank rulemaking, and daily developments at the ECB and the EFSF. But for anyone shifting to a historical perspective of the crisis and culling through recent financial history, the following timelines of the crisis provide an excellent starting point: the […]