The Squam Lake Working Group on Financial Regulation is a nonpartisan, nonaffiliated group of fifteen academics who have come together to offer guidance on the reform of financial regulation. Four Chicago Booth Faculty (John Cochrane, Douglas Diamond, Anil Kashyap and Raghuram Rajan) are members. The group’s latest memos with thoughts on “Reforming Capital Requirements for Financial Institutions” and “An Expedited Resolution Mechanism for Distressed Financial Firms: Regulatory Hybrid Securities” were released today.
Reforming Capital Requirements for Financial Institions>
An Expedited Resolution Mechanism for Distressed Financial Firms: Regulatory Hybrid Securities>
