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Local News: Sen. Fischer provides updates on lake concessions, ag, internet issued (8/18/23)

Local News: Sen. Fischer provides updates on lake concessions, ag, internet issued (8/18/23)
mccookgazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mccookgazette.com Daily Mail and Mail on Sunday newspapers.

United States , North Dakota , United Kingdom , Hugh Butler Lake , Deb Fischer , Ben Ray Lujan , Shary Skiles Mccook , National Defense Authorization , Ag Committee , Armed Services Committee , Agriculture Committee , Ethics Committee , Appropriations Committee , Us Bureau Of Reclamation , Armed Services , Nebraska Congressional , Swanson Reservoir , Gazette Thursday , Farm Bill , Last Acre , Rules Committee ,

Reducing Banks' Incentives for Risk-Taking Via Extended Shareholder Liability

It has long been understood that deposit guarantees and too-big-to-fail (TBTF) policies create a moral-hazard problem they incentivize banks to take on too much risk by shielding depositors and shareholders from losses in excess of equity (“left-tail” outcomes) in American banking.1 Congress passed the Federal Deposit Insurance Corporation Improvement Act (FDICIA) in 1991 to mitigate the moral-hazard problem by restricting forbearance and implicit subsidies for undercapitalized banks. ....

United States , National Bureau Of Economic Research , New York , United Kingdom , Seattle University , Across Bank , United Kingdom General , Jonathanr Macey , Milton Friedman , Alexanderw Salter , Howelle Jackson , Haroldl Cole , Tyler Cowen , Johnr Vincens , Johnd Turner , Walter Bagehot , Leee Ohanian , Masmi Imai , Ronj Feldman , Vipin Veetil , Graemeg Acheson , Benjaminc Etsy , Hester Peirce , Axel Leijonhufvud , Charlesr Hickson , Warrene Weber ,