SIFI - Systemically Important Financial Institutions

  • 2012 0516 - GOV - Designation of Systemically Significant Financial Institutions, Economists Panel - 53:41
  • 2014 1118 - “The Impact of International Regulatory Standards...Part II” 
  • 2017 0328 - GOV - THE ARBITRARY AND INCONSISTENT NON-BANK SIFI DESIGNATION PROCESS

2012 0516 - GOV - Designation of Systemically Significant Financial Institutions, Economists Panel - 53:41

  • [VIDEO-CSPAN]
    • 11:25 - William (Bill) Wheeler (MetLife - America's Division, President)
      • Largest Life Insurance Company in the United States, Bank-Centric Rules Inappropriate, Only company with a Bank Holding Company - Selling it, so they will be regulated by insurance commissioners.
      • Investments
      • Banks v Insurance Companies Different
      • TARP, Look at Activities-Based
    • 29:00 - Carolyn Maloney/ Bill Wheeler (MetLife) - What caused AIG Failure?
    • 36:00 - Luetkemeyer/ Bill Wheeler (MetLife) - Interconnectedness, derivatives etc, Banks, Traditional Insurance
    • Manzullo - Messing up MetLife, Bank Holding Company, Federal Reserve - People don't have sophistication...re: Life Insurance.
  • 2014 1118 - “The Impact of International Regulatory Standards...Part II”
    • [VIDEO-Youtube
    • 58:15 - 1:00:37 - Luetkemeyer (MO) / Sullivan (FRB) -  How is an insurance company a SIFI? 
    • 1:15- - Dennis Ross (Fla) - state regulation not significant? McRaith
    • 1:19 - ohio congressman -NCOIL input?? Shapiro Study: capital 
    • 1:24 - 
    • 1:27 - Garrett (NJ) - cost benefit, secrecy, transparency
    • 1:33 - re: Roy Woodall turned away from IAIS