Today's hearing showed #DoddFrank's Orderly Liquidation Authority makes gov't guarantees for SIFIs explicit. http://go.usa.gov/TzaB
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@FinancialCmte It's rating agencies that include belief govt would bail out#TBTF in their ratings methodology not#DoddFrank
@MRVAssociates If #DoddFrank really ended #TBTF as promised, there would be no reason for market to anticipate future bailouts.
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@FinancialCmte Only improved risk management can end#TBTF You need to allow#DoddFrank &#Basel III rules to be finalized & implemented 1Thanks. Twitter will use this to make your timeline better. UndoUndo
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@FinancialCmte#DoddFrank Title I empowers Fed to increase capital, leverage & liquidity buffers#Basel III provides guidelines to achieve 2Thanks. Twitter will use this to make your timeline better. UndoUndo
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