Faculty News
In an op-ed, Prof. Roy Smith explores the implications of Citigroup's stress test failure
—
![Financial News logo Financial News logo](/sites/default/files/styles/480w/public/assets/images/con_030513.jpg?itok=4VWVm0mT)
Excerpt from Financial News -- "But the real story may be that the Fed, itself under new management, truly wants to be a different type of regulator – one that is going to be strict, proactive and controlling. The post-crisis environment certainly creates an expectation for such a regulator, one whose stress tests, for example, are taken seriously. Rejecting Citigroup, without much explanation, might be an indicator of this transition."
Read more
Read more