Location of Repository

The Political Science of Regulating Bank Risk

By Jonathan R Macey

Abstract

The leading edge issue in banking law today is-or ought to be-bank risk. Every issue in banking law, whether it be bank failure policy, entry restrictions, geographic restrictions on the location of branches, product market restrictions on the scope of bank activities, minimum capital requirements or lending limits, was, at least ostensibly, promulgated in order to mitigate the problem of excessive risk-taking by banks. Now that the massive losses facing the federal insurance agencies responsible for protecting depositors\u27 savings have come to represent a realistic threat to the wealth of millions of investors, as well as a significant off-line deficit item on the federal budget, the leading edge issue in banking law is becoming a leading issue in domestic policy as well. This Article is not another description of the necessity of changing the direction of banking policy to deal more effectively with the all important problem of bank risk

Topics: Law
Publisher: Yale Law School Legal Scholarship Repository
Year: 1989
OAI identifier: oai:digitalcommons.law.yale.edu:fss_papers-2756
Download PDF:
Sorry, we are unable to provide the full text but you may find it at the following location(s):
  • http://digitalcommons.law.yale... (external link)
  • http://digitalcommons.law.yale... (external link)
  • Suggested articles


    To submit an update or takedown request for this paper, please submit an Update/Correction/Removal Request.