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<title><![CDATA[Theo Francis]]></title>
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<title><![CDATA[Lombard Street - Volume 1 Issue 8 | FinReg21|Reforming Financial Services Regulation in the 21st Century]]></title>
<link>http://www.finreg21.com/content/download-lombard-street-volume-1-issue-8</link>
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<pubDate>Tue, 08 Sep 2009 18:03:39 EDT</pubDate>
<description><![CDATA[In a series of provocative assessments from former Clinton budget official Robert Litan, NYU economist Lawrence J. White, former Fed and Freddie Mac official Arnold Kling and Seventh Circuit appeals Judge Richard Posner, online magazine Lombard Street explores the Obama Administration's proposals. An online magazine covering financial regulation, Lombard Street is published by FinReg21.com, a Web site &quot;for, and by, those involved in or affected by financial services regulation.&quot;]]></description>
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<title><![CDATA[What American Bankers Can Learn from Canada]]></title>
<link>http://www.businessweek.com/investor/content/aug2009/pi20090812_141235.htm</link>
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<pubDate>Wed, 12 Aug 2009 20:50:17 EDT</pubDate>
<description><![CDATA[&quot;As U.S. lenders stabilize and reopen their credit pipelines, this is a good time to reflect on the Canadian experience, where more prudent lending and borrowing played a big part in preventing the housing bubble that proved the near-undoing of the American banking sector. ... Our view is that without improving the management of credit risk, all the fresh capital in the world will not prevent another cycle of misery. Here are four lessons to help U.S. financial institutions regain their vigor and avoid the next storm.&quot;]]></description>
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<title><![CDATA[Watchdog: Accounting Tied to Lack of Loan Modification]]></title>
<link>http://www.businessweek.com/blogs/money_politics/archives/2009/08/watchdog_accoun.html</link>
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<pubDate>Wed, 12 Aug 2009 15:12:37 EDT</pubDate>
<description><![CDATA[In the Gordian knot that is the financial crisis, there’s a surprising thread that connects many of the most intractable problems, including toxic assets, the small-business lending drought and the apparent reluctance of banks to modify mortgages for struggling homeowners: Last spring’s accounting rules.
At least, that’s the argument laid out today by Elizabeth Warren, chair of the Congressional Oversight Panel formed to scrutinize the government’s bailout efforts. ]]></description>
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